News Stories

AIDEA is working hard every day to promote and develop economic growth and diversification in Alaska. Please feel free to browse our News Stories to read about AIDEA’s efforts in working together with our clients and stakeholders to achieve meaningful economic development in the great state of Alaska.

AIDEA Projects Buoy Alaska Mining Jobs

North of 60 Mining News
October 27, 2013

From Kotzebue to Ketchikan, Alaska Industrial Development and Export Authority is using its financial muscle and its ability to build and operate large infrastructure projects to help mining companies overcome the challenges of developing the often remote mineral riches that the Last Frontier has to offer.

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AIDEA issues $122.7 million tax-exempt bonds for Providence Health

Alaska Journal of Commerce
December 4th, 2011

"The Alaska Industrial Development and Export Authority, AIDEA, has issued $122.72 million in tax-exempt "conduit" revenue bonds for Providence Health and Services, the agency announced Nov. 27.

Conduit bonds involve financing done by the authority, usually tax-exempt, on behalf of another institution, in this case Providence Health and Services. The U.S. Internal Revenue Service allows for certain types of tax-exempt financing by private entities for certain public purposes."

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Second Jack-up rig to explore in Cook Inlet by next April

Alaska Journal of Commerce
November 17th, 2011

"The Alaska Industrial Development and Export Authority, a state corporation, finalized an agreement Nov. 14 to invest $27 million in the purchase of the Adriatic XI jack-up rig along with two partners, Australia-based Buccaneer Energy and Ezion Holdings Ltd. of Singapore, the chairman of the Alaska Industrial Development and Export Authority said in a press release..."

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BUCCANEER ENERGY LIMITED: Update on AIDEA Jack-up Investment

4-traders (press release)
Oct 5, 2011

"Execution of a Term Loan Agreement between KOV and the Senior Lender, on terms and conditions acceptable to AIDEA; 2. Execution of a Purchase Agreement with ...

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