Aidea

AIDEA Executive Director Tom Boutin hired Clark Penney’s company, Penney Capital, for a no-bid consulting contract for AIDEA, the state’s economic development arm.

AIDEA also wants its costs, prejudgement interest and legal fees covered.

Gov. Mike Dunleavy and the Alaska delegation supported AIDEA’s decision to sue the federal government.

In mid-June AIDEA started utilizing the Ambler Metals Bornite camp with an average of 40 people daily at camp throughout the summer with approximately 20 NANA shareholder hires among them.

Businesses that have established borrowing relationships with banks would be able to add up to $1 million to their existing loans, and AIDEA would guarantee the extra amount.