
Dan Stickel
125:17 - 125:48
"we're assuming the $46.2 billion real capital cost, a 30% equity share, and 70% debt financed for the project as a whole. And then the state's share of the capital contribution would be 25% of that 30% equity contribution, plus our share of debt financing fees."
“we're assuming the $46.2 billion real capital cost, a 30% equity share, and 70% debt financed for the project as a whole. And then the state's share of the capital contribution would be 25% of that 30% equity contribution, plus our share of debt financing fees.”
To answer the first part of your question about why $4 billion seems low back on slide 8, So it is— we're assuming the $46.2 billion real capital cost, a 30% equity share, and 70% debt financed for the project as a whole. And then the state's share of the capital contribution would be 25% of that 30% equity contribution, plus our share of debt financing fees.
The Alaska LNG project would struggle to compete in global markets even under the governor's proposed tax relief, with breakeven prices at the high end of current futures markets, according to state modeling presented to the House Finance Committee on Thursday.

The Alaska House Finance Committee heard Thursday that the governor's version of HB 381 would reduce municipal property tax revenue from the Alaska LNG project by over $13 billion compared to current law, while the House Resources version would actually increase municipal revenue by retaining property tax on the gas treatment plant and LNG facility.
