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Alaska Power & Telephone Company Honored as "Business of the Year"

Introduction

JUNEAU, Alaska, October 01, 2024 — In a commendable recognition of its efforts and commitment, Alaska Power & Telephone Company (AP&T) has been awarded the title of "Business of the Year" by the Southeast Conference. This prestigious honor reflects the company’s considerable contribution to leadership and innovative project investments in the region’s economy, particularly over the last decade, where it has successfully implemented numerous clean energy and broadband initiatives across several communities in Southeast Alaska.

Southeast Conference: A Catalyst for Development

Founded in 1958, before Alaska achieved statehood, the Southeast Conference has played an essential role in promoting regional development, particularly through the establishment of a comprehensive transportation system that is now known as the Alaska Marine Highway System. Over the years, the Conference has expanded its network dramatically and currently includes more than 185 member organizations and individuals. These encompass a diverse range of stakeholders such as municipalities, chamber of commerce organizations, federally-recognized tribes, significant employers, government agencies, and more.

AP&T’s Commitment to Community and Innovation

Bill Marks, the CEO of AP&T, expressed immense gratitude upon receiving the award. He stated, "The SE Conference Business of the Year award is one of the highest honors that an Alaska-based business like ours can receive, and we are truly grateful and honored." Marks emphasized that the company’s success is attributed to the unwavering support and collaboration from tribes, Alaska Native corporations, municipalities, nonprofits, government agencies, elected officials, and the hardworking team at AP&T. He articulated that this honor belongs to everyone involved and declared the organization’s anticipation of ongoing collaboration for the betterment of the communities served.

Economic Development Initiatives by Southeast Conference

The Southeast Conference is actively involved in driving economic growth across various sectors, including transportation, energy, seafood, and tourism. In a recent stride, Southeast Conference proudly announced its receipt of a substantial $38.6 million grant from the U.S. Environmental Protection Agency (EPA). This funding is earmarked for the installation of heat pumps across multiple communities in Southeast Alaska, which will include several areas serviced by AP&T. For more details on their initiatives, you can visit their website at Southeast Conference.

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When navigating the complexities associated with various contracts and agreements that support initiatives like those undertaken by AP&T and Southeast Conference, it can be easy to get lost in legal jargon. This is where AI legalese decoder can significantly assist businesses and organizations. By utilizing advanced algorithms, this tool simplifies legal documents, making them more understandable while retaining their essential meanings. It can help stakeholders involved in community development efforts decipher regulatory challenges, funding agreements, or partnership contracts, ensuring transparency and better decision-making processes.

About Alaska Power & Telephone Company

Alaska Power & Telephone Company (OTCMKTS: APTL) operates as both an employee-owned and investor-owned utility, delivering a variety of broadband, communications, and energy services to over 40 communities throughout rural Alaska. The firm is committed to community engagement and sustainable practices, further enhancing its role as a vital contributor to the local economy and environment.

For those interested in learning more about the company, additional information can be found at AP&T.

Commitment to Community Engagement

AP&T prides itself on being Employee-Owned and Community-Minded. The company’s ethos revolves around fostering relationships and supporting initiatives that aim to benefit the communities it serves.

Contact Information

For inquiries or further information, please reach out to:

Jason Custer
Vice President, Corporate Development, AP&T
Phone: 907-617-3773
Email: [email protected]

Alaska Power & Telephone Company
136 Misty Marie Lane
Ketchikan, AK 99901

View the source version of this announcement on Business Wire.

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