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Subsidy Tracker Individual Entry

Company: Energy Management Inc.
Parent Company: Energy Management Inc.
Subsidy Source: local
Location: Massachusetts
City: Westfield
Project Description: natural gas-fired power plant
Year: 2010
Major Industry of Parent: utilities and power generation
Specific Industry of Parent: power generation
Subsidy Value: $99,500,000
Subsidy Value in 2023 Dollars: $139,791,588
Program Name: property tax abatement
Awarding Agency: Economic Assistance Coordinating Council
Type of Subsidy: 
MEGADEAL (Archived)

Number of Jobs or Training Slots: 16
Capital Investment: $426,000,000
Source of Data: The subsidy estimate and the job and investment projections came from: Todd Wallack, "Power plant gets $100m break; Westfield shaves property taxes," Boston Globe, April 2, 2010.
Notes: The abatement was offered for a project called the Pioneer Valley Energy Center. 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.