In a relatively new and, so far, really successful strategy for making money for Alaska’s sovereign wealth fund, how do they pick the next big winner out of a sea of potential companies?
Rashah McChesney
Daily News Editor
I help the newsroom establish daily news priorities and do hands-on editing to ensure a steady stream of breaking and enterprise news for a local and regional audience.
$63 billion and counting: How long can Alaska’s Permanent Fund keep growing so fast?
The state’s sovereign wealth fund has doubled in size in less than a decade, but a market correction could be incredibly painful for Alaska’s bottom line.
Is Alaska’s climate risk, a credit risk?
State investment officer says the areas most affected by climate change don’t affect the state’s ability to pay its bills.
Walker appoints former Attorney General to Permanent Fund Corporation’s board
Gov. Bill Walker appointed Craig Richards to the Alaska Permanent Fund Corporation board on Dec. 28.
Unique payment plan for companies who owe TAPS settlement money
A new state law allows those companies to pay that debt with tax credits, meaning the state might not see any of that money. At least, not in cash.
State approves ExxonMobil’s expansion plan for Point Thomson, ending months-long fight
Gov. Walker approves approves ExxonMobil’s plan to explore expansion of the massive Point Thomson gas field.
State’s latest water quality report has bad news for popular Kenai River
Each time the state puts out its water quality report, there’s good news and there’s bad news.
Permanent Fund Corporation to study ethical and sustainable investing
An Alaska-based coalition wants the Permanent Fund Corporation to drop all of its fossil fuel holdings
Walker wants to borrow money to pay $900 million in oil tax credits
The tax credits are scheduled to be paid off fully in 2025. Walker and the Department of Revenue are proposing paying them off by 2019 at a discount.
Credit rating agency sees a ‘clear path,’ as Alaska tries to balance its budget
In less than a year and a half, Alaska went from one of Moody’s highest rated states, to one of its lowest. But now, that’s changed.