
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.”
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.
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.
