2 Koch subsidiaries partner with Fidelis in $9.2 billion Grön Fuels renewable diesel complex
Koch Engineered Solutions announced that two of its companies, Optimized Process Designs and Koch Project Solutions, have engaged with Fidelis Infrastructure LP as partners to support the execution and implementation of certain components of the Grön Fuels renewable energy complex. The $9.2 billion multiyear program is located at the Port of Greater Baton Rouge and is projected to create more than 5,000 direct and indirect quality jobs. The Grön Fuels complex created by this investment will produce green hydrogen, renewable diesel, sustainable aviation fuels as well as bioplastic feedstocks. The project also includes biogenic carbon capture and sequestration.
Situated strategically at the crossroads of rail, deep water ports, the Mississippi River, and national pipeline connectivity, Grön Fuels’ renewable fuels complex will enable access to both U.S. East and West Coast markets as well as Canadian and European customers. The project will also produce the equivalent of 1,000 megawatts of green hydrogen produced by electrolysis with a pathway to net negative CO2e carbon footprint due to the biogenic carbon capture and sequestration.
“As a part of Koch Engineered Solutions, OPD is well positioned to create meaningful value for Fidelis and other growth-focused companies in this industry though its unique speed to market, turn-key approach to engineering, procurement, and construction,” said Brian Boster, president of Optimized Process Designs.
Paul Switzer, president of Koch Project Solutions, said, “We’re excited to partner with Fidelis to improve the development and scale of long-term fuel solutions across industries.”
Dan Shapiro, Fidelis cofounder, CEO and managing partner, added, “The combination of deep expertise in engineering, procurement and construction, project management, and operational excellence makes KES and its execution subsidiary, Optimized Process Designs, the perfect project delivery partner for the renewable fuels complex.”