Interior Gas Utility Groundbreaking

A Phase I map showing the miles of gas line being installed on display during the Interior Gas Utility Groundbreaking Celebration Friday, June 5, 2015 outside the North Pole Plaza Mall.

FAIRBANKS — A multimillion-dollar business deal with ramifications for the cost of energy in Fairbanks, and which could help solve a festering problem with wood smoke pollution, is poised to close this week. 

The deal is between the Fairbanks North Star Borough and the state of Alaska to expand natural gas availability in the Interior and “bring low-cost energy to as many residents and businesses of Interior Alaska as possible, as quickly as possible,” according to the Interior Energy Project.