Grön Fuels Plans to Initially Invest $1.25 Billion in Right to Work Louisiana

Grön Fuels is looking at Greater Baton Rouge, Louisiana as a good place for locating a new renewable fuel complex. However, things are still up in the air right now as to what the official plan will be. But, the company is considering an initial investment of $1.25 billion and to create 340 new jobs.

Grön Fuels also wants to expand in phases and potentially invest up to $9.2 billion over the next decade. Their intention is to have a concrete plan for Phase 1 by 2021. There is also talk of this facility developing into one of the biggest renewable fuel facilities in the world. So this will be a huge win for Louisiana’s economy.

From Area Development Magazine:

“This renewable fuel production facility will help to secure Louisiana’s place as a leader in environmentally friendly energy production. […] Growing global demand for renewable transportation fuels creates a significant growth opportunity for our state.†[…]

“The project is great for the people of Louisiana, the port and the community and economic development mission it serves, the agricultural industry, and those who benefit from the clean fuels the plant will produce.†[…]

“Fidelis brings hundreds of quality, high-paying jobs and huge capital investment during a critical time for both jobs and innovation for this sector. This is a big deal, and puts metro Baton Rouge on the map as home to the largest renewable fuel refinery in the world.â€AREA DEVELOPMENT MAGAZINE

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