Subsidy Tracker Parent Company Summary

Parent Company Name: 
Fortu AG
Ownership Structure: 
privately held
Headquartered in: 
Switzerland
Major Industry: 
miscellaneous energy products and systems
Specific Industry: 
batteries
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$112,684,0002
Federal (grants and allocated tax credits)$00
TOTAL$112,684,0002
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$00
TOTAL$00
Time Period for State and Local Awards: 

Earliest year of data: 2010. 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 2010.

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.

Associated Names: 

FORTU POWERCELL


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Michigan$112,684,0002

Individual Subsidy Records:

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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
fortu PowerCell, Inc. Michigan multiple 2010 $112,600,000 MEGADEAL
fortu PowerCell, Inc. Michigan state 2010 $100,000,000 tax credit/rebate
fortu PowerCell, Inc. Michigan state 2010 $12,684,000 tax credit/rebate
FORTU POWERCELL,INC. Michigan local 2011 undisclosed property tax abatement
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