Tribe earns return on wind investment
Read the full story in Sustainable Industries Journal.
What goes around, comes around, when the wind blows. An investment made in 2004 on what was then a relatively unknown technology and company is now beginning to pay off for an Oregon tribe. The Confederated Tribes of the Umatilla Indian Reservation (CTUIR) earlier this month received the first installment of pay backs on an investment they made with Vancouver, Wash.-based Columbia Energy Partners on the Rattlesnake Road wind farm in 2004. According to Columbia Energy Partners, the company delivered a check for $125,000 to the tribe in July.