Two years ago, Alaska LNG was struggling to secure the private financing needed to move forward, with high Arctic construction costs, logistical complexities and massive upfront property tax burdens making lenders and potential Asian buyers hesitant to commit. But since then, the outlook for the $55-billion megaproject has improved considerably. The proposed 800-mile pipeline and LNG export…
The New York Yankees, already the richest franchise in Major League Baseball, today announced a $2.6 billion financing agreement with Apollo Sports Capital.