AGDC gets help soliciting investors for LNG Project

posted by Rick Rydell -

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The Alaska Gasline Development Corp. has secured two of the world’s largest banks to help raise funds for the $43 billion Alaska LNG Project.

Goldman Sachs and the Bank of China will assist AGDC in raising multiple rounds of debt and equity investment, according to a late Tuesday announcement from the state-owned corporation.

Equity offerings will be made to Alaska municipalities, Native corporations and all Alaska residents in addition to more traditional private equity investors, as required by Senate Bill 138, which set up the initial commercial framework for the project in 2014.

AGDC gets help soliciting investors for LNG Project

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