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Koch affiliate company signs EPC agreement with Fidelis New Energy for renewable fuels facility

| By Scott Jenkins

Koch Engineered Solutions (Wichita, Kan.; www.kochengineeredsolutions.com) announced July 11 that its affiliate company, Optimized Process Designs (OPD), executed a definitive engineering, procurement and construction (EPC) agreement with Fidelis New Energy LLC (Houston; www.fidelisinfra.com) for the primary renewable fuels processing facility (the “Grön Facility”) as well as the related infrastructure required to support the GigaSystem™ carbon negative renewable fuels facility.  The multi-billion-dollar Grön Facility involved substantial design and engineering work to support a definitive EPC agreement with price and schedule certainty as well as performance guarantees that allow for non-recourse project financing.

The GigaSystem™ has been designed from the ground up to utilize Carbon Capture and Sequestration (“CCS”) with Carbon Negative Power (“CNP”), enabling the production of carbon negative renewable fuels, all while using proven technologies.  Situated strategically at the crossroads of agricultural trade routes and traditional fuels production at the Port of Greater Baton Rouge, Fidelis expects the GigaSystem™ will be the first dispatch renewable fuels facility globally due to its energy efficient design, CCS, and CNP.  The GigaSystem™ site is unparalleled for feedstock supply and renewable fuels delivery globally via rail, water, road, and refined product pipelines.  To optimize the use of this logistical advantage, the facility will include industry leading feedstock processing capabilities across all feedstock types, including emerging feedstocks. One unique advantage of the facility is its inherent design to produce from its renewable co-products the equivalent of over 1,000 megawatts of electrolyzer-generated hydrogen, creating a clear pathway to creating carbon negative renewable fuels when combined with CCS and CNP.