Furie Operating Co. has signed new gas supply agreements with Anchorage-based Chugach Electric Association and Interior Gas Utility in Fairbanks. Furie is wholly owned by HEX Cook Inlet LLC, the owner and operator of the Kitchen Lights gas field in Cook Inlet. Neither supply agreement commits to any.
The COVID-19 pandemic has significantly impacted sales of electricity by Anchorage based Chugach Electric Association, causing the utility to seek a means of ensuring that it can maintain adequate margins for its business. In a July 1 petition to the Regulatory Commission of Alaska the utility reque.
Tue, 07/27/2021 - 7:07pm
Alaska Communications, one of the state’s largest internet providers, has been sold to an East Coast telecommunications communications company and an investment firm.
The sale was announced at the start of the year, and ATN International Inc. said July 22 in a written statement and filings with the Securities and Exchange Commission that the $343 million arrangement is now complete.
Through a holding company, ATN will own 52 percent of Alaska Communications. An investment firm called Freedom 3 Investments IV will own 48 percent through another holding company.
“Our brand, company name and commitment to Alaska remain the same,” said Heather Cavanaugh, a spokeswoman for Alaska Communications. She said there are no current plans to change prices.
Providing coverage of Alaska and northern Canada s oil and gas industry
CINGSA files for 2% interim increase
Kristen Nelson
Petroleum News
Cook Inlet Natural Gas Storage Alaska, CINGSA, has filed with the Regulatory Commission of Alaska for an interim and refundable tariff increase of 2%, effective Aug. 1, and a proposed permanent rate increase based on the outcome of the proposed cost of service study, an increase which CINGSA Preside..
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