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Strategic Biofuels has secured a draft Class VI Well Permit from the Louisiana Department of Conservation and Energy for its Louisiana Green Fuels project in Caldwell Parish. This permit is notable as it is the first issued for a project with multiple wells.

The project plans to construct a 100 MW wood-fired power plant that will generate carbon-neutral electricity and capture over one million tons of CO2 annually for permanent storage. The facility will utilize local forestry waste and create over 76 direct jobs. The final construction permit is anticipated within 90 days following a public comment period.