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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Mubadala Investment Company
Ownership Structure: privately held
Headquartered in: Abu Dhabi
Major Industry: diversified
Specific Industry: diversified
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $2,124,035,097 | 58 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $2,124,035,097 | 58 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $9,900,000 | 3 |
TOTAL | $9,900,000 | 3 |
Time Period for State and Local Awards: Earliest year of data: 2000. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2013.
Time Period for Federal Awards: FY2000 to the present
Notes: The dollar total above adjusts for the fact that there is an overlap between the amount in the Megadeal entry and that of one or more of the other entries. Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
New York | $1,956,173,428 | 27 |
Louisiana | $166,217,535 | 23 |
Pennsylvania | $1,364,490 | 5 |
Vermont | $245,689 | 1 |
North Carolina | $33,955 | 2 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
Nova Chemicals | Pennsylvania | state | | $278,000 | | training reimbursement |
Nova Chemicals | Pennsylvania | state | | $150,000 | | training reimbursement |
Nova Chemicals | Pennsylvania | state | | $136,490 | | grant |
Nova Chemicals, Inc. | Pennsylvania | state | | $500,000 | | grant |
NOVA Chemicals, Inc. | Pennsylvania | state | | $300,000 | | grant |
Advanced Micro Devices (AMD); later GlobalFoundries | New York | state | 2006 | $1,200,000,000 | | MEGADEAL |
Williams Olefins LLC | Louisiana | state | 2008 | $653,400 | | property tax abatement |
Williams Olefins LLC | Louisiana | state | 2008 | $616,128 | | property tax abatement |
Williams Olefins LLC | Louisiana | state | 2008 | $43,428 | | property tax abatement |
Williams Olefins LLC | Louisiana | state | 2008 | $30,183 | | property tax abatement |
Williams Olefins LLC | Louisiana | state | 2009 | $231,108 | | property tax abatement |
Williams Olefins LLC | Louisiana | state | 2009 | $122,418 | | property tax abatement |
Global Foundries U.S.,Inc. | New York | local | 2009 | $3,307,519 | | tax credit/rebate; property tax abatement |
Nova Chemicals Inc. | United States | federal | 2009 | | $2,700,000 | federal loan or loan guarantee |
GLOBALFOUNDRIES U.S. INC. | New York | state | 2009 | $14,049 | | enterprise zone |
Williams Olefins LLC | Louisiana | state | 2010 | $379,847 | | property tax abatement |
Global Foundries U.S.,Inc. | New York | local | 2010 | $12,890,442 | | tax credit/rebate; property tax abatement |
Nova Chemicals Inc. | United States | federal | 2010 | | $3,600,000 | federal loan or loan guarantee |
GLOBAL FOUNDRIES U.S. Inc | New York | state | 2010 | $108,053 | | enterprise zone |
GLOBALFOUNDRIES U.S. INC. | New York | state | 2010 | $96,825 | | enterprise zone |
Williams Olefins LLC | Louisiana | state | 2011 | $131,927 | | property tax abatement |
Global Foundries U.S.,Inc. | New York | local | 2011 | $25,000,000 | | tax credit/rebate; property tax abatement |
Nova Chemicals Inc. | United States | federal | 2011 | | $3,600,000 | federal loan or loan guarantee |
GLOBAL FOUNDRIES U.S. Inc (Fishkill) | New York | state | 2011 | $201,259 | | enterprise zone |
GLOBALFOUNDRIES U.S. INC. (Malta) | New York | state | 2011 | $555,636 | | enterprise zone |
Williams Olefins LLC | Louisiana | state | 2012 | $335,640 | | property tax abatement |
Williams Olefins LLC | Louisiana | state | 2012 | $665,554 | | property tax abatement |
Global Foundries U.S.,Inc. | New York | local | 2012 | $5,764,199 | | tax credit/rebate; property tax abatement |
GLOBAL FOUNDRIES U.S. Inc (Fishkill) | New York | state | 2012 | $2,522 | | enterprise zone |
GLOBALFOUNDRIES U.S. INC. (Malta) | New York | state | 2012 | $2,609,853 | | enterprise zone |
Williams Olefins LLC | Louisiana | state | 2013 | $398,095 | | property tax abatement |
Williams Olefins LLC | Louisiana | state | 2013 | $698,516 | | property tax abatement |
Williams Olefins LLC | Louisiana | state | 2013 | $574,954 | | property tax abatement |
Global Foundries U.S.,Inc. | New York | local | 2013 | $11,463,698 | | tax credit/rebate; property tax abatement |
GLOBAL FOUNDRIES U.S. Inc (Fishkill) | New York | state | 2013 | $27,004 | | enterprise zone |
GLOBALFOUNDRIES U.S. INC. (Malta) | New York | state | 2013 | $42,385,118 | | enterprise zone |
Williams Olefins LLC | Louisiana | state | 2014 | $10,160,000 | | enterprise zone |
Williams Olefins LLC | Louisiana | local | 2014 | $2,318,404 | | property tax abatement |
Williams Olefins LLC | Louisiana | local | 2014 | $200,891 | | property tax abatement |
Global Foundries U.S.,Inc. | New York | local | 2014 | $25,093,703 | | tax credit/rebate |
GLOBALFOUNDRIES U.S. INC. (Malta) | New York | state | 2014 | $191,757,737 | | enterprise zone |
Williams Olefins LLC | Louisiana | state | 2015 | $129,509,651 | | MEGADEAL |
Williams Olefins LLC | Louisiana | state | 2015 | $122,052,596 | | property tax abatement |
Williams Olefins LLC | Louisiana | state | 2015 | $6,093,221 | | property tax abatement |
Williams Olefins LLC | Louisiana | state | 2015 | $724,712 | | property tax abatement |
Williams Olefins LLC | Louisiana | state | 2015 | $639,122 | | property tax abatement |
Global Foundries U.S.,Inc. | New York | local | 2015 | $6,711,392 | | tax credit/rebate |
GLOBAL FOUNDRIES U.S. Inc (Fishkill) | New York | state | 2015 | $7,341,126 | | enterprise zone |
GLOBALFOUNDRIES U.S. INC. (Malta) | New York | state | 2015 | $348,902,686 | | enterprise zone |
Williams Olefins LLC | Louisiana | state | 2016 | $9,672,213 | | property tax abatement |
GLOBALFOUNDRIES US, Inc. | North Carolina | state | 2016 | $18,897 | | tax credit/rebate |
Global Foundries U.S.,Inc. | New York | local | 2016 | $306,128 | | tax credit/rebate |
GLOBAL FOUNDRIES U.S. Inc (Fishkill) | New York | state | 2016 | $8,459,936 | | enterprise zone |
GLOBALFOUNDRIES U.S. INC. (Malta) | New York | state | 2016 | $20,930,233 | | enterprise zone |
Williams Olefins LLC | Louisiana | local | 2017 | $8,797,678 | | property tax abatement |
GLOBAL FOUNDRIES U.S. Inc (Fishkill) | New York | state | 2017 | $8,154,379 | | enterprise zone |
GLOBALFOUNDRIES U.S. INC. (Malta) | New York | state | 2017 | $20,920,463 | | enterprise zone |
GlobalFoundries US, Inc. | North Carolina | state | 2017 | $15,058 | | tax credit/rebate |
GLOBAL FOUNDRIES U.S. Inc (Fishkill) | New York | state | 2018 | $8,050,089 | | enterprise zone |
GLOBALFOUNDRIES U.S. INC. (Malta) | New York | state | 2018 | $21,319,379 | | enterprise zone |
NOVA Chemicals, Inc. | Louisiana | State | 2020 | $677,500 | | tax credit |
Global Foundries | Vermont | state | 2021 | $245,689 | | training reimbursement |