Alaska Peninsula Corporation Acquires Yukon Electric Inc.
Anchorage, AK – August 15, 2016 - Alaska Peninsula Corporation (APC) is pleased to announce it recently acquired Yukon Electric, Inc. (YEI). YEI is a company with a record of success that works primarily on Department of Transportation projects such as street and traffic lighting. APC finalized the purchase of YEI, its newest wholly owned subsidiary, in August 2016. Founded in 1998, YEI is an Alaska company that has provided services throughout the state for nearly two decades. YEI is based in Anchorage and has a second location in Deadhorse.
“As we continue to successfully manage and grow our portfolio, we are excited to welcome YEI and its employees into our family of companies,” said APC President and CEO Mary Jane Nielsen. “We are proud to continue YEI’s history of integrity and preparedness to handle the most difficult projects.”
About Alaska Peninsula Corporation:
APC is a merged village corporation with 800+ Alaska Native Shareholders. APC was formed in 1978 when the village corporations for Port Heiden and South Naknek merged. In short succession, the Village Corporations for Ugashik (1980), Kokhanok (1980), and Newhalen (1981), joined APC.
APC owns subsidiary businesses involved with government and commercial contracting in transportation and logistics, environmental consultation services and remediation, as well as commercial and institutional construction.