Basic Search  |  Geographic Searches  |  Advanced Search | Megadeals

Subsidy Tracker Individual Entry

Company: Tierra Blanco Solar, LLC
Parent Company: 
Subsidy Source: local
Location: Texas
County: Deaf Smith
Project Description: Solar farms
Year: 2024
Subsidy Value: $508,412,807
Subsidy Value in 2023 Dollars: $493,168,000
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy: 
Number of Jobs or Training Slots: 2
Wage Data: $51,039
Wage Data Type: Average annual wage
Capital Investment: $320,000,000
Source of Data: Drew Powell, January 23, 2024, "Deaf Smith County commissioners approve $500 million tax abatement for solar farms," ABC 7 News, (click here). Amended Chapter 313 School Value Limitation, Hereford ISD No. 1610, Tierra Blanco Solar, LLC, (click here). Commisioners' Court of Deaf Smith County, Meeting Notice and Agenda, January 23, 2024, (click here).
Notes: Chermac Energy is building two solar farms, Tierra Blanco and Mule Deer, in Deaf Smith County in the Texas panhandle. The two farms are expected to generate 600-700 MW per day. The company was initially awarded a 15-year Ch. 313 assessment limitation from Hereford independent school district valued at $8.4 million and two years later received a $500 million property tax abatement from the county. The terms and duration of the county abatement have not yet been disclosed. Investment, job, and wage data are from the company's Ch. 313 application. Overlaps with main data: A 2022 Chapter 313/Economic Development Act entry for $8.4 million.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.