Adam Prestidge

Adam Prestidge

President/Executive Vice President, Business Affairs, LNG · Glenfarne Alaska LNG

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24 articles · 14 transcripts · 24 clips

Also known as:Prestidge

Adam Prestidge is the President and Executive Vice President of Business Affairs, LNG at Glenfarne Alaska LNG, working on the Alaska LNG project.

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Affiliations

Alaska Sustainable Energy ConferenceGlenfarmPresident · Glenfarne Alaska LNGPresident · Glenfarne Alaska LNGGlenfarnPresident · Glenfarnett AlaskaPresident · Glenfarm Alaska LNG LLCPresident · Glenfarne Alaska LNG, LLC

Hilcorp says opposing the tax isn't opposing the gas line

I think that the property tax bill now sits on the 1-yard line, the last mile, the final push up, up the mountain.
Alaska News6d ago

Enstar tells Alaska Gas Line Caucus it could be 18 days short of gas this winter

Alaska News6d ago

Legislators to hear the case for a gas line as the effort stalls

Alaska News1w ago

The state is being asked to bank on a gas line price it may never fully see

the ultimate cost to complete is going to be something that is most likely not going to be made public.
Alaska News1w ago

Gas-line developer warns Alaska's Senate terms could drive it off

Putting this pass-through entity tax in the place where it would assign the pass-through entity tax of 9% at the LNG LLC level would be a unique burden on any project finance vehicle. Typically a project finance vehicle is set up as a pass-through entity and the upstairs shareholders pay tax on that because— so that they can all invest under their different arrangements.
Alaska News1mo ago

Alaska's gas-pipeline bill now carries a tax on Hilcorp and others

Alaska News1mo ago

State economist: even with tax breaks, the gas line barely works

Alaska News1mo ago

Alaska's gas-line tax bill stalls in committee

Alaska News1mo ago

A leaked plan to fire Alaska's gas-line developer surfaces in Juneau

We would not ask for any numerical value to be assigned based on the implementation of a tax arrangement.
Alaska News1mo ago2 attributions

The $16 Gas Promise Comes With Fine Print

Alaska News1mo ago

Senate Finance presses Alaska LNG spur line: who builds, who pays, who regulates

it is not a firm commitment that all of the permits must be obtained because that is outside of the scope of the project developer's control. That is outside of 8 Star's control. At the end of the day, if there is a regulatory agency that for some reason declined to issue permits for the Fairbanks Spur Line, we wouldn't want that to jeopardize the tax treatment for the overall project that benefits the entire state of Alaska.
Alaska News1mo ago

Senate Finance demands Phase 1 pipeline math before Alaska LNG tax vote

Alaska News1mo ago

Alaska Building Trades, LNG subsidiary sign worker hiring pact

to prioritize working with Alaska-based companies, Alaska Native corporations, and hiring Alaskans for this project
Alaska News2mo ago

Same committee, same day, two close votes on Alaska LNG ratepayer protection — and they didn't go the same way

Alaska News2mo ago

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

Alaska News2mo ago

Alaska keeps veto power over LNG project despite 25% stake

the Alaska Advantage principles you see on the screen here are unique. And you wouldn't normally find this in a typical private equity type investment
Alaska News2mo ago

Alaska LNG Project Shifts Focus to In-State Gas, Delays Export Phase

Alaska News2mo ago

Oklo targets 2030 for Alaska's first small nuclear reactor at Eielson

Alaska News2mo ago

Alaska LNG Project Targets 2029 Gas Delivery as Developer Reports Major Contract Awards

Alaska News2mo ago

Gas Line Developer Warns Tax Hike Would Delay Project, Jeopardize 2029 Deadline

Alaska News3mo ago

House Finance Advances Paid Parental Leave Bill

Alaska News3mo ago

Alaska House Rewrites LNG Tax Bill, Raising Rate While Empowering Boroughs

Alaska News3mo ago

House Panel Advances $40M Community Impact Fund for Gas Pipeline

Alaska News3mo ago

Senate panel debates $1B tax break for Alaska LNG amid cost secrecy

if you tally up the stacked tariffs that are presented in this bill, 15 cents, 15 cents, and 25 cents, you end up with a 55-cent per MCF tax. I would describe that as very burdensome for the project and potentially prohibitively so in terms of having a Phase 1 project go forward on any of the timelines that we've discussed
Alaska News3mo ago3 attributions