
0:11
Frank Richards
33:05 - 33:17
“the ownership structure of Eight Star Alaska is 75% Glenn Farm, 25% AGDC.”
- Speaker
- Frank Richards
- Timestamp
- 33:05 – 33:17
- Community
- Alaska News
- Location
- Alaska
- Captured at
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.
Related Coverage
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
Glenfarne raised Alaska LNG cost estimate to 44.5 to 54.5 billion dollars, up from state agency's 38.7 billion. • Legislature can buy 5 to 25 percent equity stake within 180 days after final investment decision. • Property tax reform is central to project financing, with current rates costing roughly 380 million dollars yearly during construction.
