Adam Prestidge
9:36 - 10:35
“The distinction here is that recognizing the importance of AGDC's role representing the State of Alaska, there are additional components and rights and, and principles that benefit the AGDC minority share and require certain things from Glenfarn”
- Speaker
- Adam Prestidge
- Timestamp
- 9:36 – 10:35
- Community
- Alaska News
- Location
- Alaska
- Captured at
From the transcript
The segment we have now really the last of the slides that we have to discuss go to essentially the llc. The joint venture governance provisions that we have in the agreement between Glenfarn and agdc. What I'll talk about are, what I'll aim to impress is the balance of decision making and governance that sits between what is essentially a majority partner, Glenfarn at 75% and AGDC a minority partner at 25%. Typically there are typical ways that you would structure kind of a joint venture with a majority and minority component like that. The distinction here is that recognizing the importance of AGDC's role representing the State of Alaska, there are additional components and rights and, and principles that benefit the AGDC minority share and require certain things from Glenfarn which we're happy to talk about on a very.
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