AEA Press Releases
Stay up to date with the latest Alaska Energy Authority news.

December 17, 2020
AEA Completes Acquisition of Homer Electric Association’s 115-kV Transmission Line

(Anchorage) – The Alaska Energy Authority (AEA) today has completed its previously announced acquisition of a Homer Electric Association (HEA) transmission asset for $17 million that runs between the Sterling Substation and the Quartz Creek Substation (SSQ Line) on Kenai Lake.


December 10, 2020
Denali Commission, U.S. Forest Service, and AEA Announce Over $1 Million in Funding for Biomass Projects in Rural Communities

(Anchorage) – The Alaska Energy Authority (AEA), along with Federal partner agencies the Denali Commission and the U.S. Forest Service, announce a cooperative effort to invest $1,037,000 with over $400,000 in community matching funds in state-of-the-art district wood heating systems in three rural Alaska communities.


September 16, 2020
AEA Awarded $21 Million BUILD Grant for Anchorage Airport Project

(Anchorage) – The Alaska Energy Authority (AEA) has been awarded a $21 million grant from the United States Department of Transportation (USDOT) to participate in the construction of a cargo storage and warehouse facility at the Ted Stevens Anchorage International Airport (ANC).


September 10, 2020
Alaska C-PACE Program Handbook Published! Municipality of Anchorage Submits Local C-PACE Legislation

The Alaska Energy Authority (AEA) and PACE Financial Servicing are pleased to report the continued development of C-PACE in the state of Alaska through the completion of the Alaska C-PACE website, the publishing of the initial Program Handbook, and the progress that the Municipality of Anchorage has made by submitting a Resolution of Intent to establish a C-PACE program.

August 27, 2020
AEA Completes Battle Creek Diversion Project at Bradley Lake Hydro

(Anchorage) – On Tuesday, August 25, the Alaska Energy Authority (AEA) held a ribbon-cutting ceremony at the Bradley Lake Hydroelectric Project near Homer to celebrate its completion of the West Fork Upper Battle Creek Diversion project.


August 06, 2020
AEA Board Supports Purchase of Soldotna-Quartz Creek Transmission Line

(Anchorage) – The Alaska Energy Authority (AEA) Board of Directors moved toward improving the reliability of the Railbelt bulk power system and decreasing costs for Alaska’s Railbelt ratepayers.


July 20, 2020
Application Period Opens for Renewable Energy Fund Grants

The Alaska Energy Authority (AEA) on Monday announced it is seeking applications for Renewable Energy Fund (REF) grants to help Alaskans reduce the cost of energy through the development of renewable energy projects.


February 25, 2020
AEA Announces Volkswagen Settlement School Bus Grant

(Anchorage) - The Alaska Energy Authority (AEA) is pleased to announce that eight school districts will receive approximately $4.4 million to replace 33 older diesel school buses with new clean burning buses under the Volkswagen (VW) Settlement School Bus Replacement Program.


November 15, 2019
AEA Finances Alaska's Largest Solar Project

(Anchorage) - The Alaska Energy Authority (AEA) is pleased to announce that the Willow Solar Farm Expansion project, financed through the Authority’s Power Project Fund (PPF) loan program, is expected to come online in December.


October 14, 2019
AEA Announces Village Energy Efficiency Grant Awards

(Anchorage) - The Alaska Energy Authority (AEA) is pleased to announce that 47 rural Alaska communities from across the state have been selected to receive funding under a new Village Energy Efficiency Program (VEEP) initiative that is supported with a $1 million grant from Wells Fargo.


January 22, 2019
Alaska Energy Authority Names New Executive Director

(Anchorage) - The Alaska Energy Authority (AEA) Board announces the appointment of Curtis W. Thayer as AEA Executive Director.