Upcoming Board of Directors Meeting
Our next board meeting is Tuesday, August 7th. It will be held at 100 Cushman Street, Suite 501. See announcement below.
Audio Recording of July 17th Board Meeting
Want to listen to the full recording of the July 17th board meeting. Check out the meeting docs for copies of the agenda, meeting packet and audio file.
IGU’s LNG Tank’s Establishment Progresses
Anchorage, AK – The Energy for All Alaska Group recently toured the Interior Gas Utility 5.2 million-gallon LNG tank, located in the Fairbanks North Star Borough. The double-walled tank is scheduled to be operational by fall of 2019. The above exerpt is from YourAlaskaLink.com. Read the full article now.
FNG Storage Site Tour
FAIRBANKS, Alaska - Progress has been made on Interior Gas Utility's Liquefied Natural Gas storage tank. The LNG storage tank sits just off Peger Road in South Fairbanks. Standing 84-feet high and spanning 100-feet across, the tank will hold 5.25 million gallons of the liquefied natural gas when it is completed in fall 20-19. The above [...]
IGU Completes Pentex Purchase, OKs AIDEA Pledge to Resolve Disputes with Mediation
The Interior Gas Utility has completed its nearly $60 million purchase of Pentex Alaska and its subsidiary, Fairbanks Natural Gas. The IGU board of directors... The above excerpt is from the KUAC.org website. Read the full article now.
Interior Energy Project Moves Forward
News-Miner opinion: The merger is complete. The Interior Gas Utility now owns Fairbanks Natural Gas and Pentex Natural Gas Co. The $60 million deal closed Thursday. The above excerpt is from the Fairbanks Daily News-miner. Read the full article now.
Sale Finalized in Effort to Cut Fairbanks Energy Costs & Air Pollution
The state and a Fairbanks-based utility sealed a $61.3 million sale Wednesday in a step toward reducing wood smoke and energy costs in Fairbanks with imports of natural gas, an official said. The above excerpt is from the Anchorage Daily News. Read the full article now.
Purchase of Pentex Approved
FAIRBANKS — All that remains are the signatures. Within the next two days, Interior Gas Utility’s general manager will fly to Anchorage and sign the final paperwork approving the roughly $60 million purchase of Pentex Natural Gas Company. The above excerpt is from the Fairbanks Daily News-miner. Read the entire article now.
IGU Finalizes Purchase of Pentex
FAIRBANKS, Alaska - Just a few hours ago the final purchase agreement was signed for Interior Gas Utility to acquire Pentex, the parent company of Fairbanks Natural Gas. This purchase is a major part of the interior energy project, hoping to now be one voice towards bringing liquid natural gas to the interior... Above excerpt from [...]
**UPDATE** May 31st Special Meeting Cancelled
The special meeting planned for May 31, 2018 has been cancelled.