0:36
Adam Prestidge
91:33 - 92:10
"this project is structured under project finance where the construction of the project is being financed through loans and investments, but primarily through loans from institutions that would be repaid over a 30-year period of time. And so an effort to keep the cost of the project lower and to keep the cost of gas lower is to spread the debt payments over a longer period of time."
“this project is structured under project finance where the construction of the project is being financed through loans and investments, but primarily through loans from institutions that would be repaid over a 30-year period of time. And so an effort to keep the cost of the project lower and to keep the cost of gas lower is to spread the debt payments over a longer period of time.”
- Speaker
- Adam Prestidge
- Timestamp
- 91:33 – 92:10
- Community
- Alaska News
- Location
- Alaska
- Captured at
- June 16, 2026
From the transcript
Sure. This is Adam Prestidge for the record. There have been a lot of questions about why this would need to be such a long effectiveness on this tax arrangement. And the reason for that is that this project is structured under project finance where the construction of the project is being financed through loans and investments, but primarily through loans from institutions that would be repaid over a 30-year period of time. And so an effort to keep the cost of the project lower and to keep the cost of gas lower is to spread the debt payments over a longer period of time.