BlueCrest has continued negotiating for outside financing but has yet to secure the funding necessary to move development at the Cosmopolitan Unit in Cook Inlet forward.

The KSRM News Department has compiled some of the week’s top headlines.

The State of Alaska is now accepting applications from nonprofit organizations seeking approval to become K-12 Scholarship Granting Organizations under a new federal education tax-credit program, Gov. Mike Dunleavy announced Thursday.

Steppers Construction Inc. is expected to begin work immediately after the 2026 fair concludes, with completion planned before the 2027 fair opens Aug. 20.

46-year-old Clint Healy was arrested August 17 and remanded to Wildwood Pretrial Facility on multiple assault charges, DUI, disorderly conduct, criminal trespass, and criminal mischief.

The Kenai City Council approved a $46,400 grant to the Kenai Peninsula Borough School District to help keep the Kenai Central High School swimming pool open to the community through Fiscal Year 2027.

A letter from the Sterling Community Center Board submitted prior to Tuesday’s assembly meeting asked the assembly to take the proposal off the table.

The appointment brings Hibbert back to a seat he held from 2017 through 2024 before leaving the assembly after reaching the borough’s term limit.

HEX LLC is investing roughly $50 million this year to expand natural gas production in Cook Inlet, with drilling underway at the company’s Kitchen Lights Unit (KLU) as it works to bring additional wells online.

Industry Appreciation Day returns to the Kenai Park Strip this Saturday, bringing a free afternoon of food, games, giveaways, and activities from local organizations and businesses across the Kenai Peninsula.