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Green Marine

about 16 years ago

Port OKs pellet plant lease deal

The Port of Greater Baton Rouge’s board on Thursday approved a 20-year lease agreement with Point Bio Energy LLC that will create a $124 million wood-pellet plant at the port’s main facility in Port Allen. While specific dates need to be added to the lease before it is signed, construction could beg

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The Port of Greater Baton Rouge’s board on Thursday approved a 20-year lease agreement with Point Bio Energy LLC that will create a $124 million wood-pellet plant at the port’s main facility in Port Allen. While specific dates need to be added to the lease before it is signed, construction could begin by the fall, Jay Hardman, the port’s executive director said.

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