The Abatement RegisterChambersAgreement 0010529
Texas Chapter 380 / 381 agreement · Chambers

Coneflower Storage Project LLC

Agreement 0010529, filed with the Texas Comptroller by Chambers County, Texas.

$95,200,000committed capital investment
100%of County Property Tax abated
January 1, 2027performance deadline
The obligation

What the contract requires.

“construction of the Power Facility on or before January 1, 2027”Executed agreement, p. 5
“The project would create 30 to 50 temporary construction jobs”Executed agreement, p. 23
“BESS Equipment ($/kW) $95,200,000”Executed agreement, p. 24
The repayment remedy

What happens if it is not met.

“Company shall repay all taxes previously abated by virtue of this Agreement with interest at the rate of three percent (3%) per annum”Executed agreement, p. 7

Where a deadline above has passed, no public record exists of whether it was met — not in the Comptroller’s filings, nor in the local government’s own disclosures. That is not evidence of non-compliance. Texas requires nobody to record it.

Abatement schedule · County Property Tax · p. 4

What was abated, and for how long.

100%2027
100%2028
100%2029
100%2030
100%2031
100%2032
100%2033
100%2034
100%2035
100%2036

A local abatement waives only that taxing unit’s share of the property tax bill. School districts, counties, cities and hospital districts each sign separately.

Every field, as the contract states it

The record.

FieldValue & quoted sourcePage
Granting bodyChambers County, TexasChambers County, Texas, a Texas political subdivision ("County")1
Contracting entityConeflower Storage Project LLCConeflower Storage Project LLC, a Delaware corporation ("Company")1
Parent / guarantorHanwha Q CELLS USA Corp.Coneflower Storage, a subsidiary of Hanwha Q CELLS USA Corp.23
InstrumentEconomic Development Program AgreementEconomic Development Program Agreement (the “Agreement”)1
Governing chapterChapter 312, Tax Code, and Chapter 381, Local Government Codeambers County, Texas (“County Commissioners Court”) has the authority to develop and administer a program for entering into a tax abatement agreement with an owner or lessee of a property interest subject to ad valorem taxation, provided the execution, duration, and other terms of the agreement are governed, to the extent practicable, by the provisions of Sections 312.204, 312.205, and 312.211 of —
Capital investment$95,200,000BESS Equipment ($/kW) $95,200,00024
Grant or incentiveNot stated in the agreement—
Jobs committed50 recital language, not a covenant; construction-period jobs, not permanent positionsThe project would create 30 to 50 temporary construction jobs23
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
Acreage35BEING A 35-ACRE LAND ASSEMBLAGE38
Performance deadlineJanuary 1, 2027construction of the Power Facility on or before January 1, 20275
ExpirationNot stated in the agreement—
Effective dateNot stated in the agreement—
SignatoryRafael Esteban Fernandez De CordobaName: Rafael Esteban Fernandez De Cordoba12
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
Parcels · p. 38
55402 · 27130 · 27131 · 27132 · 27133 · 26521 · 36699 · 55401 · 55403 · 17136
How to check this page

Every line above is in the contract.

Agreement 0010529 is filed with the Texas Comptroller. Pull the PDF, go to the page number beside any row, and read the sentence. If a figure here does not match the document, tell me and it is corrected the same day.

Where the contract says nothing, the field is left empty rather than filled with a guess.

One of 1,645

Which of these are on your book?

This is a single agreement. I have read 1,645 of the 4,428 Texas has filed, resolved which have been superseded, and recorded what each commits a company to.

Send me an entity and a county and I will tell you what is on it — quoted, page-cited, checked. Free for the first one.

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