Louisiana Green Fuels Fund Updates > LGF EPC Guarantee
The LGF EPC Guarantee Signed
The Louisiana Green Fuels Project (“LGF”) continues to hit key project milestones and recently hit perhaps its most significant; signing the term sheet with the Engineering Procurement & Construction (“EPC”) Guarantor for the project.
Koch Project Solutions (“KPS”) has been the Project Manager for LGF since its inception in late 2020 and has contributed to the project’s rapid advancement. By signing this term sheet now, KPS has agreed to provide LGF with a lump sum turnkey cost to build the plant. This represents a major de-risking of the project and is a vital step towards securing the institutional funding needed to build the plant.