Wed, Aug 27, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials

Albertville gets more than $477,000 from Alabama Trust Fund

Posted on 24 April 2013

The city of Albertville has an additional $477,918.48 in its coffers, the City Council announced Monday at its work session. City Clerk/Treasurer Phyllis Webb told the council it had received a check for that amount from the Alabama Trust Fund.

The Alabama Trust Fund is a wealth fund established in 1985 in response to a major offshore natural gas discovery in 1978. The fund is funded by royalty payments that are received each month from oil and gas companies. Its assets total about $2.5 billion………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14633 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031