Press Releases & Announcements

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2024

12/10/2024	AIDEA Opposes Biden Administration Decision on Way Out the Door to Lock Up ANWR and Deny Alaskans Billions in Annual Revenue, and Thousands of Highly Paid Resource Development Jobs
12/06/2024	AIDEA Board Approves $20 Million Dividend to the State and Significant Advancement for Alaska Natural Gas Pipeline Project
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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