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MegadealsSubsidy Tracker Individual Entry
Company: Plug Power, Inc
Parent Company:
Plug Power Inc.
Subsidy Source: local
Location: Louisiana
City: St. Gabriel
County: Iberville
Address: (30.239587, -91.102339) - LA Hwy 75 - Numerical address not yet assigned
Zip: 70776
NAICS Industry Code: 325120
Project Description: Catfish Iberville
Year: 2022
Major Industry of Parent: utilities and power generation
Specific Industry of Parent: alternative energy technology
Subsidy Value: $5,487,480
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 15
Wage Data: $1,092,000.00
Wage Data Type: Estimated New Payroll
Capital Investment: $90,000,000
Source of Data:
(click here)
Notes: Year is Application Board Approval Date. Subsidy is the Estimated First Year Exemption multiplied by 5 (the number of subsidy years). Jobs figure is number of new positions. Investment data is the sum of Estimated Building And Material, Estimated Machinery and Equipment, and Estimated Labor And Engineering which equal the Total Estimated Investment. The subsidy can be renewed for additional 5 years. Search for possible associated entries.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.