Subsidy Tracker Individual Entry

Company: 
Sempra Energy
Parent Company: 
Sempra Energy
Subsidy Source: 
local
Location: 
Louisiana
City: 
Hackberry
County: 
Cameron
Address: 
301 North Main Street
NAICS Industry Code: 
325120
Project Description: 

LNG export facility

Year: 
2013
Major Industry of Parent: 
utilities and power generation
Specific Industry of Parent: 
utilities
Subsidy Value: 
$2,194,868,648
Program Name: 
multiple
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
130
Wage Data: 
$130,535,600
Wage Data Type: 
new ten-year payroll
Capital Investment: 
$9,020,758,000
Source of Data: 

The subsidy value and the jobs, payroll and investment figures came from three separate entries under Cameron LNG for the project on the Louisiana Commerce & Industry Board disclosure site at http://www.opportunitylouisiana.com/assets/LED/docs/Performance_Reportin...

Notes: 

Subsidy value is the estimated ten-year property tax exemption. Jobs figure is the projected number of new permanent positions. A May 4, 2012 article in the Southwest Daily News with the headline "Sempra Secures Final Agreement for New $6 Billion LNG Facility" mentioned that the company expected to use the state's Quality Jobs program as well, but as of August 2014 no information on an award from that program had been posted. Overlap with main Subsidy Tracker data: three Industrial Tax Exemption entries under the name Cameron LNG totaling $2,194,868,648.

Source Notes: 
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