The University of Alaska's 829 acres at Port MacKenzie, leased to the coal plant's campus
Terra Energy signed a 20 year lease with the University of Alaska in late May for 829 acres near Port MacKenzie, four parcels in Township 14 North, Range 4 West, Seward Meridian, for what the lease calls the Terra Energy Center Campus, a large-scale industrial park. The project is part of affiliate Flatlands Energy's plan for a coal plant near Skwentna, which the Department of Energy selected for $89 million in engineering funding and whose described loads include data centers. Rent is $20,000 in the first year, $60,000 a year in the second and third, and $586,000 a year once operations begin, targeted for 2030, with a 2 percent annual adjustment. Borough officials expect Terra to pursue about 1,000 acres of borough port land as well.
How the public reaches this
The university's notice of intent to lease took written comments from January 30th to March 2nd and named no tenant and no use. University land is exempt from the state's best interest finding, according to the Mat-Su Sentinel. The next public room is the Mat-Su Borough Assembly, if Terra asks to lease borough land at the port.
Timeline
Sources
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How this decision moved
One dated line per material change, oldest first.
2026-10-08 Tracked. The Mat-Su Sentinel reported on October 6th that the University of Alaska leased 829 acres near Port MacKenzie to Terra Energy in late May for 20 years. The university's own notice of January 30th lists four parcels at 369.34, 80, 60 and 320 acres, which sum to 829.34, and it names no tenant and no proposed use. Borough officials were not told before the lease was signed, and the port manager said the university leasing the land without any conversation with the borough blows his mind. Terra's full preliminary development plan is confidential, according to the university, and Terra did not respond to the Sentinel.
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Alaska AI Docket, The University of Alaska's 829 acres at Port MacKenzie, leased to the coal plant's campus.
Tracked since October 8th, last verified
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What is The University of Alaska's 829 acres at Port MacKenzie, leased to the coal plant's campus?
Terra Energy signed a 20 year lease with the University of Alaska in late May for 829 acres near Port MacKenzie, four parcels in Township 14 North, Range 4 West, Seward Meridian, for what...
Who decides The University of Alaska's 829 acres at Port MacKenzie, leased to the coal plant's campus?
University of Alaska Land Management signed the lease; any lease of the borough's own port land would need the Mat-Su Borough Assembly
Can I comment on The University of Alaska's 829 acres at Port MacKenzie, leased to the coal plant's campus?
The university's notice of intent to lease took written comments from January 30th to March 2nd and named no tenant and no use. University land is exempt from the state's best interest finding, according to the Mat-Su Sentinel. The next public room is the...
Where is The University of Alaska's 829 acres at Port MacKenzie, leased to the coal plant's campus?
Port MacKenzie, Mat-Su Borough
Has The University of Alaska's 829 acres at Port MacKenzie, leased to the coal plant's campus been decided?
It is decided. Tracked. The Mat-Su Sentinel reported on October 6th that the University of Alaska leased 829 acres near Port MacKenzie to Terra Energy in late May for 20 years. The...
What happens next with The University of Alaska's 829 acres at Port MacKenzie, leased to the coal plant's campus?
No further date is published. It is decided and the record is checked against its source every day.
What changed on The University of Alaska's 829 acres at Port MacKenzie, leased to the coal plant's campus?
Tracked. The Mat-Su Sentinel reported on October 6th that the University of Alaska leased 829 acres near Port MacKenzie to Terra Energy in late May for 20 years. The...
What kind of decision is The University of Alaska's 829 acres at Port MacKenzie, leased to the coal plant's campus?
A decision, decided by University of Alaska Land Management signed the lease; any lease of the borough's own port land would need the Mat-Su Borough Assembly.
When did The University of Alaska's 829 acres at Port MacKenzie, leased to the coal plant's campus start?
Tracked since October 8th, tomorrow. The earliest date on its record is January 30th.
Where can I read the sources for The University of Alaska's 829 acres at Port MacKenzie, leased to the coal plant's campus?
Mat-Su Sentinel, University of Alaska Land Management, Matanuska-Susitna Borough. Every one is listed with its date on the decision page.
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