Frank Richards
30:22 - 31:10
"What AGDC has reserved for the state and Alaskans is the opportunity after fidget to take up to 25% of the equity stake. And in this particular example we used the range of 5% or about 230 million up to 25% or about 1.16 billion."
“What AGDC has reserved for the state and Alaskans is the opportunity after fidget to take up to 25% of the equity stake. And in this particular example we used the range of 5% or about 230 million up to 25% or about 1.16 billion.”
- Speaker
- Frank Richards
- Timestamp
- 30:22 – 31:10
- Community
- Alaska News
- Location
- Alaska
- Captured at
- June 4, 2026
From the transcript
To achieve FID, you'll need to have all your debt financing lined up. In this particular example, 10.85 billion of debt financing by the Banks, you also have to have raised equity capital, in this case about 4.65 billion. Once that 15.5 billion is secured, you then have the financing available to take final investment decision. What AGDC has reserved for the state and Alaskans is the opportunity after fidget to take up to 25% of the equity stake. And in this particular example we used the range of 5% or about 230 million up to 25% or about 1.16 billion.
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State wins option to buy 25% of Alaska LNG after investors commit
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by Alaska News3mo ago2 min readAI