Mustang Project default puts AIDEA in tough spot

IT ALL STARTED WHEN GOV. WALKER MADE BROOKS RANGE A DEAL The State-owned Alaska Industrial Development Authority to the list of creditors for Caracol/Brooks Range Petroleum, which owes AIDEA tens of millions of dollars on a loan for the Mustang Project. Although the exact amount owed to Alaska’s publicly owned development agency is hard to … Continue reading Mustang Project default puts AIDEA in tough spot