Press Releases & Announcements

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2024

6/28/2024	Biden Administration Decision on Ambler Access Road Violates Federal Laws and Harms Alaska’s Future
6/21/2024	AIDEA Celebrates IGU Natural Gas Milestone
6/20/2024	AIDEA Approves Nearly $5 Million in Loans with Northrim Bank Through Loan Participation Program
6/11/2024	AIDEA Applauds North Slope Borough’s Support for Alyeschem Project
6/7/2024	AIDEA Invests $1.35 Million in Fairbanks, Alaska with Denali State Bank through Loan Participation Program
5/16/2024	AIDEA Commits to Alyeschem Chemical and Fuels Project Using Natural Gas on the North Slope
5/8/2024	AIDEA Responds to NANA Board Decision on Ambler Access Project
5/3/2024	AIDEA Advances Legal Challenge Against DOI in ANWR Lease Cancellation
4/19/2024	AIDEA Objects to Biden Administration NEPA Process and Illegal Blockade of State Lands, Minerals, and Federally Patented Mining Claims in Ambler Mining District
4/18/2024	AIDEA Thanks U.S. Senators for Press Conference to Stop War on Alaskan Jobs and Economy
4/16/2024	AIDEA Urges Biden Administration to Follow Federal Law for Access to State Lands and Minerals
4/15/2024	AIDEA and Partners Appeal Against Oil and Gas Lease Suspension in ANWR
4/9/2024	AIDEA Rejects Salmon State Reports as Inaccurate and Biased
4/8/2024	AIDEA Receives State Energy Financing Institution Designation by U.S. Department of Energy
3/28/2024	AIDEA Urges BLM to Consider Recent Tribal Support in Ambler Road Supplemental Environmental Impact Statement
3/26/2024	AIDEA Extends Thanks to the Community of Hughes for Ambler Road Resolution of Support
3/20/2024	AIDEA Expresses Gratitude to Ruby Tribal Council for Support of the Ambler Access Project
3/7/2024	AIDEA Board of Directors Approve Significant Loan through the Loan Participation Program
3/6/2024	West Susitna Access Project Announces 2024 Field Season and Jobs for Alaskans
2/27/2024	Ambler Access Project Subsistence Advisory Committee Adopts Resolution for Fish and Wildlife Protection
2/2/2024	AIDEA Announces Significant Loan for the Development of 601 Fifth Avenue Enabling Economic Growth in Anchorage
1/25/2024	AIDEA Supports Economic Development Revitalization with Major Hotel Loan
1/11/2024	AIDEA Submits Comprehensive Comments on the Ambler Road Draft Supplemental Environmental Impact Statement
1/11/2024	Allakaket Village, Subsistence Advisory Council, and Workforce Development Working Group Pass Resolutions for the Ambler Access Project
1/05/2024	AIDEA Consents to Funding Agreement for Interior Gas Utility

2023

12/21/2023	Vigor Completes Work on USCGC John McCormick
12/11/2023	AIDEA Approves Key Steps for Exciting New Project Putting North Slope Natural Gas to Work Alongside Alaskans
12/7/2023	AIDEA Board of Directors Approve $11 Million Dividend for the State of Alaska Unrestricted General Fund
11/30/2023	AIDEA Commends House Chair for Hearing on Alaska’s Right to Produce Act
11/9/2023	AIDEA Releases Technical Method for Determining State Control of Wetlands
10/25/2023	HEX Produces Natural Gas and Jobs for Alaskans. Another Successful AIDEA Investment.
10/18/2023	AIDEA Defends Alaskan Rights and Holds the Department of Interior Accountable for Illegally Cancelling ANWR Leases
9/25/2023	AIDEA Files Amicus Brief in U.S. Supreme Court Defending Alaska Statehood Rights
9/12/2023	Vigor Begins Work on USCGC John McCormick at Ketchikan Shipyard
9/6/2023	AIDEA Condemns Unlawful Acts by Department of Interior on ANWR 1002 Area Leases
8/8/2023	AIDEA Disappointed in ANWR Court Decision
7/28/2023	West Susitna Access Project Update
5/23/2023	AIDEA & Ambler Metals Respond to BLM Delays in the Timeline for Ambler Access Project
5/1/2023	Notice of Proposed Changes to Loan Participation Regulations of the Alaska Industrial Development and Export Authority
3/21/2023	Economic Study Says West Susitna Access Road Could Lead to Millions of Dollars and Thousands of Jobs for the Mat-Su Community and State of Alaska
3/10/2023	Ambler Access Project Hits Significant Project Milestones
2/17/2023	Allakaket Tribal Council and Huslia Tribal Council Withdraw from Ambler Access Project Litigation
2/2/2023	NEI Selected for AIDEA Economic Analysis

2022

12/27/2022	AIDEA Board Approves over $17 Million Dividend to State General Fund
12/21/2022	AIDEA Board of Directors Names Randy Ruaro as New Executive Director
12/13/2022	Notice of Public Hearing on December 20, 2022 TEFRA
12/01/2022	AIDEA Board of Directors December Meeting Date Update
11/22/2022	AIDEA Seeks Firm to Conduct Independent Economic Analysis
11/17/2022	AIDEA Executive Director Departing for Opportunities in the Private Sector
10/26/2022	Resolution to Support Fairbanks Service Members For an Increased Basic Housing Allowance
10/14/2022	U.S. Army Corps of Engineers Accepts AIDEA’s West Susitna Access Project Permit Application
09/29/2022	AIDEA Debunks Report and Announces Independent Economic Analysis
05/24/2022	AIDEA Files Environmental Review Permit Application for the Multi-use West Susitna Access Project
04/22/2022	AIDEA Board Approves Funding to Study Trans-Alaska Supply Chain Corridor for Ambler Access Project
03/22/2022	AIDEA Remembers Alaska Congressman Don Young
03/18/2022	Kaktovik Iñupiat Corporation the Latest to Join AIDEA Lawsuit for Violation of ANWR Section 1002 Leases
03/11/2022	AIDEA Statement on Bureau of Land Management Suspension for Ambler Access Project Right-of-Way on Federal Land
02/23/2022	AIDEA Issues Statement on Dept. of Interior Decision to Delay, Obstruct Ambler Access Project
02/04/2022	AIDEA Board Approves 2022 Field Season Plan and Budget for Ambler Access Project

2021

12/09/2021	North Slope Borough and ASRC Join AIDEA Lawsuit Against President Biden for Violation of ANWR Section 1002 Leases
11/4/2021	AIDEA Sues President Biden for Violation of ANWR Section 1002 Leases, Abuse of Executive Order
11/1/2021	AIDEA Board Approves to Accept, Receive HB 69 Funds for West Susitna Access Project Predevelopment Work
08/16/2021	AIDEA, Governor Dunleavy Visit Ambler Mining District
08/04/2021	AIDEA Issues Intent to Award Pre-Development Permitting Services for Section 1002 Area Oil & Gas Lease Project
07/22/2021	Dave Heimke Joins AIDEA as Chief Operating Officer
06/25/2021	AIDEA Board Authorizes Pre-Development Permitting, Planning Budget for Section 1002 Area Oil & Gas Leases
06/11/2021	AIDEA Requests Statutory, Regulatory Evidence for Oil and Gas Lease Suspension from Department of Interior
06/01/2021	AIDEA Responds to Biden Administration Lease Suspension Announcement
05/17/2021	UnCruise Adventures Embarks on 2021 Alaska Cruise Season Thanks to AIDEA Loan Modification
05/07/2021	AIDEA Welcomes Dona Keppers as Chief Financial Officer and Tiffany Janssen as Commercial Finance Director
04/16/2021	AIDEA, Doyon Limited Sign Land Access Agreement, Advancing the Ambler Access Project through Pre-Construction
02/10/2021	AIDEA, Ambler Metals Agree to Shared Pre-Development Costs for Ambler Mining Industrial Access Project
01/24/2021	Opinion: We're Listening to Alaskans, Past and Present, to Preserve Our State's Future
01/08/2021	BLM, NPS, AIDEA Sign 50-Year Right-of-Way Permit for Ambler Road Project
01/06/2021	AIDEA Selected as Successful Bidder for 9 Tracts in Coastal Plains Lease Sale

2020

12/24/2020	AIDEA Board of Directors Unanimously Approves Resolution for Evaluation of Bids for the Coastal Plain Alaska Oil and Gas Lease Sale
12/17/2020	AIDEA Board Approves $17.305 Million Dividend to State
09/16/2020	AIDEA Board Approves Mat-Su Loan
08/06/2020	AIDEA Board Names New Executive Director
07/23/2020	AIDEA Welcomes Ambler Access Record of Decision
07/01/2020	AIDEA Financing Key to Kitchen Lights Acquisition
06/25/2020	AIDEA and Private Sector Partner Advance Ambler Access Project
05/27/2020	AIDEA Announces AKCARES Funding Program
04/23/2020	AIDEA Actions on COVID-19 Crisis Draw High Volume Response
04/23/20	West Susitna Access, Nonbinding Memorandum of Understanding between AIDEA, the Matanuska-Susitna Borough, and Nova Minerals
04/09/2020	AIDEA's New Loan Guaranty Program Launched
04/08/2020	AIDEA Regulations 3 AAC 99.104 The Alaska Industrial Development and Export Authority proposes to make permanent regulation changes made by emergency regulation on Creating a new Chapter 3 AAC 99.104 for an Emergency Loan & Guarantee Program.
03/30/2020	AIDEA Creates Billion Dollar Loan Guaranty Program
03/27/2020	AIDEA Statement on Its Loan to Blood Bank of Alaska, Inc.
03/23/2020	AIDEA Remains Open for Business, Authority Committed to Its Mission
03/12/2020	AIDEA Expands AK SHIP Program to Seward Shipyard
03/11/2020	AIDEA Board Approves Conduit Bonds Issuance - IGU
03/06/2020	AIDEA Board Approves Loan for Kitchen Lights Acquisition - HEX LLC
01/16/2020	AIDEA Board Approves Brooks Range Loan Modifications

2019

12/06/2019	AIDEA Board Approves $14.475 Million Dividend to the State
12/23/2019	AIDEA Board Approves Seward Hotel Loan
08/27/2019	AIDEA AK SHIP Program Scores First Customer
08/09/2019	AIDEA Board Approves Conduit Bonds Issuance, Financing for Tanana Chiefs Conference Healthcare Project
08/08/2019	AIDEA Public Notice of Proposed Disposal of Leasehold Interest
06/26/2019	AIDEA Board Creates New Financing Program for Alaska Shipyards
05/23/2019	AIDEA Board Approves Loan for Southeast Cruise Ship Facility
05/22/2019	AIDEA Board Approves Package of Wasilla Loans
05/22/2019	AIDEA Board Approves Suite of Anchorage Loans
04/17/2019	AIDEA Approves Anchorage Business Loan
03/06/2019	AIDEA Board Approves Mat-Su Medical Building Loan
02/07/2019	AIDEA Board Names New Executive Director

2018

12/21/2018	AIDEA Mourns Death of Skagway Mayor Monica Carlson
11/29/2018	AIDEA Board Approves $10.285 Million Dividend to the State
11/16/2018	AIDEA Named Distinguished Development Finance State Agency by Council of Development Finance Agencies
07/02/2018	AIDEA Board Approved Two Loans for Alaska Businesses
06/14/2018	AIDEA Announces Pentex Sale to Interior Gas Utility
01/11/2018	AIDEA Board Approves Valdez Loan

2017

12/07/2017	AIDEA Board Approves Pentex Sale
12/06/2017	AIDEA Commends Interior Gas Utility Board Action
09/28/2017	International Economic Development Council (IEDC) Appoints New Board Members
09/21/2017	AIDEA Board Approves Anchorage Loan
06/29/2017	AIDEA Board Approves Two Loans for Anchorage and Fairbanks Businesses
03/30/2017	AIDEA Board Approves Tourism Industry Loan, Financing Provided for Southeast Alaska Marine Tour Operator

2016

12/20/2016	AIDEA Board Approves $12.883 Million Dividend to the State
12/01/2016	AIDEA Board Approves Southeast Alaska Loan
11/02/2016	Meet AIDEA, Investing in Enterprise Infrastructure
10/06/2016	AIDEA Recognized for Excellence in Economic Development
09/22/2016	AIDEA Board Approves Aleutian Pribilof Islands Association Loan
06/23/2016	AIDEA Board Approves Anchorage Recreation Center Loan
04/28/2016	AIDEA Board Approves Two Southeast Alaska Loans; Financing for Aircraft and Storage Projects in Juneau and Ketchikan
04/28/2016	AIDEA Board Approves Three Mat-Su Loans; Financing for Medical and Retail Projects in Wasilla
03/31/2016	AIDEA Board Approves Loan and Conduit Bonds; Financing Provided for Anchorage and Fairbanks Projects
03/03/2016	AIDEA Board Approves Anchorage Retail Building Loan

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