Senate votes to buy out TransCanada, take larger stake in Alaska LNG

Senate Finance co-chair Anne MacKinnon (R-Eagle River) guided the bill through the Senate. She spoke on the Senate floor immediately before the vote. Photo: Rachel Waldholz/APRN
The State Senate voted 19 to 3 today (Tuesday, Nov. 3) to buy out TransCanada and take a larger stake in the Alaska LNG gas pipeline.
The vote is a win for Gov. Bill Walker, whose administration has argued that keeping TransCanada as a partner does not make financial sense, and a buyout would give Alaska more contro