Dragonfly Industries Releases Statement On Wind Farm Proposal Withdrawal
ELM SPRINGS (KFSM) — Dragonfly Industries International, LLC released a statement to 5NEWS Thursday (March 3) regarding their withdrawal of a proposal for a wind farm in Elm Springs.
The company withdrew the proposal after Elm Springs residents voted to repeal the annexation of land that would have been used as the wind farm site during Tuesday’s primary elections.
Dragonfly released the following statement:
“After [Tuesday’s] vote to repeal property annexation by Elm Springs, the board of directors of Dragonfly Industries has decided to suspend efforts to site a wind farm project in northwest Arkansas. The company will be focusing resources on other opportunities which have arisen, and on continuing the development phase of our technology. We are grateful to those who were willing to consider the potential of this very promising technology, and wish the citizens of Elm Springs the best in their efforts to develop their community.”
The Elm Springs City Council voted to annex the land into the city last year, but the project had staunch opponents for months before that.
Elm Springs Mayor Harold Douthit issued this statement Wednesday:
“I’m disappointed. I exercised my freedom of speech. So did the opponents. The citizens voted. That’s called democracy. We will continue to look for other opportunities for the city’s future.”
This disagreement between opponents and proponents of the wind farm project became even more contentious when it was revealed Dragonfly CEO Jody Davis had been convicted on federal embezzlement charges in the past and a Dragonfly spokesman had financial troubles of his own.