- Press Releases
April 22 (Renewables Now) - The Louisiana Department of Environmental Quality has granted a Minor Source Air Permit to the developer of the USD-9.2-billion (EUR 7.6bn) Grön Fuels carbon negative renewable fuel project at the Port of Greater Baton Rouge.
Texas-based asset manager Fidelis Infrastructure Partners LP, owner of project company Grön Fuels LLC, announced this major milestone on Thursday, saying that it expects to take the final investment decision for the first phase of the multi-year programme later this year.
The plan is to build a complex for the production of renewable diesel, green hydrogen, bio-plastic feedstocks and sustainable aviation fuels. Moreover, another Fidelis portfolio firm, Capio Sequestration LLC, will help integrate biogenic carbon capture and sequestration.
The Phase I facility will have the capacity to produce 63,000 barrels of renewable fuels per day. Fidelis anticipates completing the entire project over a period of about 10 years. According to prior information, the complex is seen to reach 1,000 MW of green hydrogen production capacity.
Earlier this week it was announced that two subsidiaries of Koch Engineered Solutions (KES) will work on the execution and implementation of some components of the project.
(USD 1.0 = EUR 0.831)