Etiqueta: business & economy
Additional funding of $ 34 million Stuttgart entered, 02.08.2013. The Stuttgart-based energy specialist energy capital invest can enjoy particularly favourable conditions for the funds invested in Alaska. Due to the energy situation, the State of Alaska supports oil and natural gas production in southern Alaska with up to 65 percent of all exploration costs. This entitlement subsidies are an integral part of the revenue to the successful realization of the ECI-Alaska Fund in addition to the exploration proceeds. The State of Alaska had this unique programme for the promotion of oil and natural gas production in southern Alaska until now with more than 63 million U.S. dollars in the development of the ECI Fordergebietes kitchen involved lights unit.
To date has been more funding in the amount of USD 34 million to ECI group. Revenues due to were transferred to the individual Alaska Fund. In 2013 alone, energy capital invest was around 72 million euros to profits and capital repatriation to investors pay off.