0:49
Frank Richards
63:36 - 64:26
"it was with Matt's expertise that we hammered out those agreements and looked out for the interest of the state of Alaska in those agreements so that we had what was a working arrangement where the developer Glenfarm would come in and bear the cost of this project taking us to final investment decision. That was key because we understood clearly from the legislature that there was not going to be any more money to be able to move this project forward from the state of Alaska."
“it was with Matt's expertise that we hammered out those agreements and looked out for the interest of the state of Alaska in those agreements so that we had what was a working arrangement where the developer Glenfarm would come in and bear the cost of this project taking us to final investment decision. That was key because we understood clearly from the legislature that there was not going to be any more money to be able to move this project forward from the state of Alaska.”
- Speaker
- Frank Richards
- Timestamp
- 63:36 – 64:26
- Community
- Alaska News
- Location
- Alaska
- Captured at
- June 16, 2026
From the transcript
And I feel very fortunate that he's remained as an asset with AGDC. And I think that what you've heard from him in his testimony and is the level of expertise that he brings to bear. It is the discussions that we've had initially with Glenfarm and ultimately the negotiations. It was with Matt's expertise that we hammered out those agreements and looked out for the interest of the state of Alaska in those agreements so that we had what was a working arrangement where the developer Glenfarm would come in and bear the cost of this project taking us to final investment decision. That was key because we understood clearly from the legislature that there was not going to be any more money to be able to move this project forward from the state of Alaska.