Published by Todd Bush on October 3, 2025
The RiverPlex MegaPark development will be anchored by the $5.8 billion Hyundai steel mill project, for which Gov. Jeff Landry and Ascension Parish officials committed $600 million to upgrade the MegaPark land with a wastewater treatment plant, road and rail updates and land purchases. The project will create 1,300 direct jobs.
Other projects at the MegaPark include CF Industries’ $4 million blue ammonia plant and Linde’s $400 million air separation unit. Entergy is spending nearly half a billion dollars on its Commodore substation in Iberville Parish, which will connect two voltage systems to help power the MegaPark projects.
>> In Other News: Trump Administration Says It Will Cut $8 Billion For Climate Projects In Blue States, Including California’s Hydrogen Hub
Ascension Parish will also be home to Air Products’ blue hydrogen manufacturing complex near Burnside, set to create 170 jobs and support 2,000 construction jobs. The project won’t begin production until at least 2028 or 2029; Air Products is trying to find a buyer for the carbon capture and ammonia operations at the plant.
Scott advises to keep an eye on the Port of Baton Rouge in the next two years for projects, including the $20 million expansion of the Northern Liquid Bulk Terminal and AtmosClear BR’s $800 million clean energy and carbon capture facility, which has not issued a final investment decision.
Baton Rouge’s gaming market and its employment will get a boost after the Belle of Baton Rouge casino, which plans to rebrand Bally’s, moves onto land in December.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🛢️ 64 Carbon Projects Were Stuck. Texas Just Unlocked Them ⚙️ In Ohio, Hydrogen Industry Presses on Despite Federal Uncertainty 🧲 Agami Zero Breaks Through With Magnetic Hydrogen...
In This Issue 🛫 A Georgia Plant Just Cracked Aviation's Fuel Puzzle 📉 CO2RE And ERM Release 2025 Update On Greenhouse Gas Removal Costs 🔗 Abatable Partners With BlueLayer To Streamline Corporate C...
Inside This Issue 💼 Canada Unlocks EOR for Federal Tax Credits in Landmark Policy Shift 🚀 Carbontech Funding Opens as CDR Sector Pushes for Net-Zero Standard Revisions 💧 CHARBONE Confirms its Firs...
Step strengthens Louisiana’s role in U.S. energy leadership and advances project finance process for biomass‑to‑fuel facility SACRAMENTO, Calif. & NEW ORLEANS -- DevvStream Corp. (Nasdaq: DEVS...
Climeworks Opens the World’s Largest Direct Air Capture Innovation Hub
Key takeaways: Climeworks launches the largest innovation center for Direct Air Capture, employing over 50 engineers in Zurich, Switzerland. The center is designed to reduce the cost and increase...
XCF Global Moves to Double SAF Production with New Rise Reno Expansion
Initial development completed at New Rise Reno 2, advancing XCF's second SAF production facility and positioning construction to begin in 2026. $300 million planned investment will double XCF'...
Carbon Capture Technology Relies on High-Performance CO2 Sensors
As the Global South's first Direct Air Capture (DAC) company, Octavia Carbon has commissioned the world's second DAC + geological storage plant. Harnessing Kenya's abundant renewable geothermal ene...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.