Bert Stedman
45:22 - 45:57
"In this case, Clunth Farm doesn't. They couldn't finance this thing if they had to by themselves. So I think we're— the scale difference between the previous three participants under 138, including the state with its financial assets and its taxing authority, far eclipses the structure of Glenfarm."
“In this case, Clunth Farm doesn't. They couldn't finance this thing if they had to by themselves. So I think we're— the scale difference between the previous three participants under 138, including the state with its financial assets and its taxing authority, far eclipses the structure of Glenfarm.”
- Speaker
- Bert Stedman
- Timestamp
- 45:22 – 45:57
- Source
- SFIN-260527-0900
- Community
- Alaska News
- Captured at
- May 27, 2026
From the transcript
And there was obviously concern from the other BP and Exxon, the magnitude, but they had— all three of them had significant balance sheets. In this case, Clunth Farm doesn't. They couldn't finance this thing if they had to by themselves. So I think we're— the scale difference between the previous three participants under 138, including the state with its financial assets and its taxing authority, far eclipses the structure of Glenfarm.
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