NFWF Gulf Environmental Benefit Fund to Receive $203 Million for Texas to Restore Gulf Coast Natural Resources
WASHINGTON, D.C., May 13 – Texas will receive $203 million over a five-year period to restore Gulf coast natural resources impacted by the Deepwater Horizon oil spill, the National Fish and Wildlife Foundation (NFWF) announced today. NFWF will administer the Gulf Environmental Benefit Fund involving $2.544 billion from plea agreements resolving certain criminal cases arising from the 2010 explosion and oil spill in the Gulf of Mexico.