Frank Richards
11:06 - 11:43
"the equity participation is an option, but it will be on the same terms as other equity investors. So no premium, no disadvantage being provided to AGDC for coming in under these preemptive rights."
“the equity participation is an option, but it will be on the same terms as other equity investors. So no premium, no disadvantage being provided to AGDC for coming in under these preemptive rights.”
- Speaker
- Frank Richards
- Timestamp
- 11:06 – 11:43
- Community
- Alaska News
- Location
- Alaska
- Captured at
- June 4, 2026
From the transcript
And any of that 25% not taken by appropriation through the legislature will then also be offered to individual Alaskans, Alaskan companies, et cetera. And we're working on a program that does that as well. Mr. Chairman, Frank Richards, for the record, I would say that again, what's important is that the equity participation is an option, but it will be on the same terms as other equity investors. So no premium, no disadvantage being provided to AGDC for coming in under these preemptive rights.
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