Alaska Department of Commerce, Community & Economic Development

09/30/2025 | Press release | Distributed by Public on 09/30/2025 18:41

Regulatory Commission of Alaska: Notice of Application to Acquire a Controlling Interest (Northern Arc/TDX Holdings) Notice of Application to Acquire a Controlling InterestThe[...]

Regulatory Commission of Alaska: Notice of Application to Acquire a Controlling Interest (Northern Arc/TDX Holdings)

Notice of Application to Acquire a Controlling Interest

The REGULATORY COMMISSION OF ALASKA (Commission) gives notice that on September 24, 2025, Northern Arc Power, LLC (Northern Arc) and TDX Holdings, LLC (TDX Holdings) filed an application to transfer controlling interest of TDX Holdings' subsidiaries: TDX North Slope Generating, LLC, Sand Point Generating, LLC, TDX Manley Generating, LLC, and Aleutian Wind Energy, LLC from TDX Holdings to Northern Arc. The applicants filed a motion for expedited consideration seeking approval of the application to transfer controlling interest by December 31, 2025. Docket No. U-25-037 was opened to address this matter.

In conjunction with the application, Northern Arc filed a petition for confidential treatment for the terms and conditions for banking services proposed by Northrim Bank. Interested persons may file a response to the petition for confidential treatment with the Commission by 5:00 p.m., October 21, 2025.

The Commission has not assessed the completeness of the application or ruled on the petition for confidential treatment. The Commission will rule on the petition for confidential treatment and determine whether the application is complete after the close of the comment period.

You may obtain information about this request by contacting Tina Grovier, Counsel for Northern Arc, at Stoel Rives, LLP, located at 510 L Street, Suite 500, Anchorage, AK 99501; (907) 277-1900. The complete filing is also available for inspection at the Commission's office at 701 West 8th Avenue, Suite 300, Anchorage, AK, 99501; Phone: (907) 276-6222, or may be viewed at the Commission's website, https://http://rca.alaska.gov/ by typing Docket No. "U-25-037" in the Find a Matter search box.

To comment on this filing, please file your comments by 5:00 p.m., October 21, 2025, at the Commission's address above or via our website at:

https://rca.alaska.gov/RCAWeb/WhatsNew/PublicNoticesComments.aspx

Please reference U-25-037 and include a statement that you have filed a copy of the comments with Northern Arc and TDX Holdings at the address given above. Individuals or groups of people with disabilities, who require special accommodations, auxiliary aids or service, or alternative communications formats, please contact Shelby Lopez at (907) 276- 6222, toll-free at 1-800-390-2782; TTY/Alaska Relay: 7-1-1 or 1-800-770-8973; or send a request via electronic mail to [email protected] by October 14, 2025.

DATED at Anchorage, Alaska, this 30th day of September 2025.

REGULATORY COMMISSION OF ALASKA

John M. Espindola

Chair

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Alaska Department of Commerce, Community & Economic Development published this content on September 30, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 01, 2025 at 00:41 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]