0:32
Matthew Kissinger
20:50 - 21:22
“AGDC will always get 25% of anything that goes into eight star Alaska.”
- Speaker
- Matthew Kissinger
- Timestamp
- 20:50 – 21:22
- Community
- Alaska News
- Location
- Alaska
- Captured at
From the transcript
That retained equity will have distributions when there is cash flow into eight Star Pipeline. So cash will flow into eight Star Pipeline during operations and Eight Star Pipeline will distribute to its owners, which will include other investors that come in, potentially us through our equity option. But it will also flow up to 8 star Alaska through any retained interest. And AGDC will always get 25% of anything that goes into eight star Alaska. Just getting back to this slide.
Related Coverage
State wins option to buy 25% of Alaska LNG after investors commit
Alaska secured the right to buy up to 25% of the Alaska LNG project after private investors commit, with six months to decide whether to invest between $230 million and $1.16 billion.
