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FILOT Inducement for Project Hydro RE Moves Forward

Pickens County logoPickens County
Disclosed value
$27,000,000 investment minimum (projected)
From agenda
Document date
Jun 3, 2024
Term
30 years (Fee-in-Lieu)
Renews
Free account

The 30-second brief

What it covers

Pickens County Council moved forward with inducement and FILOT arrangement for Project Hydro RE’s manufacturing investment.

Who holds it

Project Hydro Re holds this financial services contract with Pickens County.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Pickens County contract.

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Contract details

Contract type
Financial Services
Amount
$27,000,000 investment minimum (projected)
Document date
June 3, 2024
Term
30 years (Fee-in-Lieu)
Renews
Free account
Vendor
Project Hydro Re
Agency
Pickens County
Source document
Pickens County Council Meeting Agenda June 2024 (Agenda)

Project Hydro Re's other public contracts

Pickens County, AlabamaProject Hydro RE tax incentives considered · Jun 3, 2024$27MAll Project Hydro Re contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Pickens County?

Project Hydro Re was awarded this financial services contract by Pickens County, as recorded on June 3, 2024. The contract value is $27,000,000 investment minimum (projected).

How much is the Project Hydro Re contract with Pickens County worth?

The Project Hydro Re contract with Pickens County is valued at $27,000,000 investment minimum (projected), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Pickens County Council Meeting Agenda June 2024 (Agenda), dated June 3, 2024 from Pickens County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Project Hydro Re hold?

Project Hydro Re may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Pickens County currently buying?

Explore Pickens County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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