Scurry County Approves Fractal Power Tax Abatement
Scurry CountyCounty · TX- Disclosed value
- $76,991 one-time Development Fee; estimated Improvements value of approximately $3,400,000; 100% abatement of County property taxes on eligible Improvements and property during the Abatement Period
- From agreement
- Approved
- Oct 6, 2026
- Renews
- Free account
The 30-second brief
Scurry County approved a tax abatement agreement with Fractal Power Inc. for a battery energy storage project with an estimated initial value of $3.4 million. Fractal Power will make a one-time $76,991 Development Fee payment, while the County will abate 100% of eligible County property taxes for 10 full calendar years after Commercial Operations begin.
Fractal Power Inc holds this contract with Scurry County.
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Contract details
- Amount
- $76,991 one-time Development Fee; estimated Improvements value of approximately $3,400,000; 100% abatement of County property taxes on eligible Improvements and property during the Abatement Period
- Document date
- October 6, 2026
- Term
- Effective October 15, 2026, upon the later of the parties' execution dates; 10 full calendar years beginning January 1 of the applicable year after Commercial Operations commence, with an optional one-year extension of the Commercial Operations deadline to December 31, 2028
- Renews
- Free account
- Vendor
- Fractal Power Inc
- Agency
- Scurry County
- Source document
- Scurry County Agreement Tax Abatement Agreement with Fractal Power Inc. 2026-10-06 (Agreement)
Fractal Power Inc's other public contracts
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Questions about this contract
Who was awarded the government contract by Scurry County?
Fractal Power Inc was awarded this government contract by Scurry County, as recorded on October 6, 2026. The contract value is $76,991 one-time Development Fee; estimated Improvements value of approximately $3,400,000; 100% abatement of County property taxes on eligible Improvements and property during the Abatement Period.
How much is the Fractal Power Inc contract with Scurry County worth?
The Fractal Power Inc contract with Scurry County is valued at $76,991 one-time Development Fee; estimated Improvements value of approximately $3,400,000; 100% abatement of County property taxes on eligible Improvements and property during the Abatement Period.
What type of contract is this?
This is a government contract, documented as a agreement record.
Where was this contract approved?
This contract appears in Scurry County Agreement Tax Abatement Agreement with Fractal Power Inc. 2026-10-06 (Agreement), dated October 6, 2026 from Scurry County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Fractal Power Inc hold?
Fractal Power Inc 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 Scurry County currently buying?
Explore Scurry County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.