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AIDEA Announces Pentex Sale to Interior Gas Utility None 

AIDEA Announces Pentex Sale to Interior Gas Utility

The Alaska Industrial Development and Export Authority (AIDEA) announced the sale of Pentex Alaska Natural Gas Company, LLC and its assets, including Fairbanks Natural Gas, to the Interior Gas Utility (IGU).

Alaska Suited for Growth in Renewable Energy Sector None 

Alaska Suited for Growth in Renewable Energy Sector

Arctic Solar Ventures Joins Amicus Solar Cooperative and Expands to a Second Location in Anchorage None 

Arctic Solar Ventures Joins Amicus Solar Cooperative and Expands to a Second Location in Anchorage

Arctic Solar Ventures, also known as ASV, is pleased to announce that they have become a member-owner of the Amicus Solar Cooperative.

ML&P Announces Decrease in Cost of Power Adjustment Rate None 

ML&P Announces Decrease in Cost of Power Adjustment Rate

ML&P’s COPA rate has declined since 2017 due to fuel cost reductions associated with highly-efficient units at Plant 2A. This decrease has resulted in 28 percent savings or $36.25 on the overall monthly bill for the average ML&P residential customer consuming 550 kWh per month.

Erickson Completes its First Transmission Line Project in UK None 

Erickson Completes its First Transmission Line Project in UK

The project provides new sources of electricity with minimal impact on the land environment and is the first of its kind for Erickson in Europe.

Alaska Resource Education Announces New Executive Director None 

Alaska Resource Education Announces New Executive Director

Ella comes to ARE with over 25 years’ experience in Alaska resource industries. She brings experience in mining as well as oil and gas, most recently as Stakeholder Engagement Manager for Statoil Alaska.

Chugach Donates Hundreds of Turkeys to Charity None 

Chugach Donates Hundreds of Turkeys to Charity

Continuing a long tradition, Chugach Electric Association is donating 450 turkeys to 10 local charities as part of its annual community outreach over the holiday season.

Chugach Electric financial rating upgraded None 

Chugach Electric financial rating upgraded

S&P Global Ratings (S&P) has upgraded Chugach Electric Association’s financial rating to “A” from its previous “A-.” The rating agency also provides an outlook of “Stable” for Chugach.

AIDEA Board Approves Pentex Sale None 

AIDEA Board Approves Pentex Sale

The Alaska Industrial Development and Export Authority (AIDEA) Board on Thursday approved a Resolution that authorizes AIDEA to sell Pentex Alaska Natural Gas Company, LLC and its assets, including Fairbanks Natural Gas, to the Interior Gas Utility (IGU).

AIDEA Commends Interior Gas Utility Board Action None 

AIDEA Commends Interior Gas Utility Board Action

The Alaska Industrial Development and Export Authority (AIDEA) is pleased with the outcome of Tuesday’s Interior Gas Utility (IGU) Board vote on the purchase of Pentex Alaska Natural Gas Company, LLC and its assets.