Engineering Firm and Local Utility have equal ownership interests in Cogeneration Corporation, the general partner of Cogeneration Company. Cogeneration Corporation owns 10 percent of the equity in Cogeneration Company. It receives 10 percent of the income loss and cash distributions of Cogeneration Company until reversion occurs, and 50 percent thereafter. In addition, Engineering Firm and Local Utility each own 22.22 percent of the limited partnership interests in Cogeneration Company. For managing the business of Cogeneration Company, Local Utility will receive a management fee equal to 3 percent of project revenue. Local Utility estimates that this management fee will approximate its cost of managing Cogeneration Company, so no profit will be generated.