Delta Biofuel announces $100m investment for biomass fuel pellets facility in Louisiana
In Louisiana, the Government of Louisiana said that Delta Biofuel has announced a $100 million final investment decision for the construction and start-up of a full-scale renewable fuel production facility in Iberia Parish that will convert sugarcane waste into feedstock for low-emissions energy generation.
“Louisiana has emerged as a leader in renewable energy through continued investment and innovation,” said Governor John Bel Edwards. “As one of the nation’s top producers of sugarcane, producing more than 2 million tons of raw sugar in 2022, it is only fitting that our state will lead the way in the production and export of this new renewable fuel source. Once again we see how the transition to cleaner energy creates investment, jobs and opportunities across multiple economic sectors and regions of our state.”
Delta Biofuel CEO Phil Keating said: “We look forward to putting waste bagasse to good use, solving a serious problem for the sugar industry and reducing GHG emissions.”
Delta Biofuel expects to break ground in late June. When complete, the facility will have the ability to produce 340,000 metric tons of biomass fuel pellets annually.
Delta Biofuel has secured exclusive long-term agreements to acquire supplies of feedstock bagasse from five sugar mills in surrounding parishes.
