Subsidy Tracker Individual Entry

Company: 
Areva
Parent Company: 
EDF-Electricite de France
Subsidy Source: 
multiple
Location: 
Idaho
County: 
Bonneville
Project Description: 

uranium enrichment plant

Year: 
2008
Major Industry of Parent: 
utilities and power generation
Specific Industry of Parent: 
utilities
Subsidy Value: 
$276,000,000
Program Name: 
multiple
Awarding Agency: 
state legislature
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
250
Wage Data: 
$70000
Wage Data Type: 
average annual salary
Capital Investment: 
$2,000,000,000
Source of Data: 

The subsidy value is estimated in Kenneth Thomas, "EU Control of State Aid to Mobile Investment in Comparative Perspective," Journal of European Integration, August 2012, pp. 1-18. The jobs, salary and investment projections are taken from: John Miller, "Idaho continues nuclear legacy with uranium enrichment plant," Lewiston Morning Tribune, May 7, 2008.

Notes: 

The subsidy package consisted of property tax abatements (via a cap on assessed value) and sales tax exemptions on the purchase of equipment and materials. The project has been on hold since 2011, so none of the subsidies have taken effect. Overlaps with main Subsidy Tracker data: none.

Source Notes: 
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