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MegadealsSubsidy Tracker Individual Entry
Company: St. Joseph Energy Partners LLC
Parent Company:
Ares Management
Subsidy Source: local
Location: Indiana
County: St. Joseph
Project Description: natural gas-fired electricity plant
Year: 2015
Major Industry of Parent: private equity (including portfolio companies)
Specific Industry of Parent: private equity (including portfolio companies)
Subsidy Value: $60,000,000
Program Name: Property Tax Abatement
Awarding Agency: St. Joseph County Council
Type of Subsidy:
MEGADEAL (Archived)
Number of Jobs or Training Slots: 20
Wage Data: $95,000
Wage Data Type: average annual salary
Capital Investment: $500,000,000
Source of Data: The subsidy amount and and jobs, wage and investment projections came from: Jeff Parrott, "New power plant gets green light," South Bend Tribune, October 14, 2015. See also the county council minutes at
(click here)
Notes: Subsidy amount is estimate of value of a 15-year property tax abatement granted to the company, a joint venture of Toyota and Ares Private Equity Group. Overlaps with main Subsidy Tracker data: none.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.