Subsidy Tracker Individual Entry

Company: 
Athens Generating Co LLP
Parent Company: 
Riverstone Holdings
Subsidy Source: 
local
Location: 
New York
City: 
ATHENS
Zip: 
12015
Project Description: 

Create jobs, promote growth Estimated Benefit over the life of a 20 year PILOT at 100% taxes would have paid $573,523,655 at current assessment. Estimated to Pay in PILOT payments = $82,696,645 Vacant land over 20 years estimated to have generated $163,360 in taxes.

Year: 
2017
Major Industry of Parent: 
private equity (including portfolio companies)
Specific Industry of Parent: 
private equity (including portfolio companies)
Subsidy Value: 
$24,576,459
Program Name: 
Industrial Development Agencies
Awarding Agency: 
Greene County Industrial Development Agency
Type of Subsidy: 
tax credit/rebate
Capital Investment: 
$750,000,000
Notes: 

Subsidy value is total for the year of property tax abatements and sales tax exemptions less the net of payments in lieu of taxes. See original source for jobs and wage information. Description merges a general industry description with a project specific description as provided in the disclosure.

Source Notes: 
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