0:29
Matthew Kissinger
10:37 - 11:06
“AGDC has reserved the right to additionally invest directly into each of the sub projects at 5 to 25% of each equity raise that there is within those sub projects. Like we said, this is a contractual option, not an obligation.”
- Speaker
- Matthew Kissinger
- Timestamp
- 10:37 – 11:06
- Community
- Alaska News
- Location
- Alaska
- Captured at
From the transcript
Matt Kissinger, for the record, we've talked about this quite a bit. AGDC has reserved the right to additionally invest directly into each of the sub projects at 5 to 25% of each equity raise that there is within those sub projects. Like we said, this is a contractual option, not an obligation. There's no catch to it. It is simply whether the state wishes to invest between 5 and 25%.
Related Coverage
State wins option to buy 25% of Alaska LNG after investors commit
Alaska secured the right to buy up to 25% of the Alaska LNG project after private investors commit, with six months to decide whether to invest between $230 million and $1.16 billion.
