
Jesse Kiehl
36:48 - 37:05
"The 5% minimum buy in, is that going to match all other potential equity investors? Is there any chance that anybody else gets in at 2%?"
“The 5% minimum buy in, is that going to match all other potential equity investors? Is there any chance that anybody else gets in at 2%?”
Further questions on this slide. Senator Keel and Senator steadman. Thank you Mr. Chairman. The 5% minimum buy in, is that going to match all other potential equity investors? Is there any chance that anybody else gets in at 2%?
AGDC transferred three-quarters ownership of Eight Star Alaska—the entity holding FERC authorization and project assets—to private developer Glenfarn in 2025, shifting construction risk off state books while preserving a 5–25% buy-in window at final investment decision.
