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0:11

Frank Richards

33:05 - 33:17

"the ownership structure of Eight Star Alaska is 75% Glenn Farm, 25% AGDC."

the ownership structure of Eight Star Alaska is 75% Glenn Farm, 25% AGDC.
Speaker
Frank Richards
Community
Alaska News
Location
Alaska
Captured at
June 4, 2026

From the transcript

So there has been a name change then from AGDC as the owner to Eight Star Alaska. And the ownership structure of Eight Star Alaska is 75% Glenn Farm, 25% AGDC.

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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.

Walter AlaskaNewsby Walter AlaskaNews3mo ago3 min readAI
Alaska
Cover image for article: Glenfarne's own cost estimate for Alaska LNG is now significantly higher than AGDC's — and the state's equity option sits in the middle of the new math