Tag Archives: Pocatello plant

Construction to Start Again on Hoku’s (HOKU) Idaho Plant

Hoku’s Pocatello plant just got another reprieve. According to Reuters, Hoku just announced that construction will begin again on its Pocatello, Idaho plant. Under the change order agreement that Hoku entered into with construction company JH Kelly, Hoku will pay JH Kelly $5 million of the total $12 million that is past due. JH Kelly hold off foreclosure proceedings until after December 1st of this year, and as long as Hoku makes the pre-payment … Read the rest