Press Releases

September 12, 2006

Green Earth Fuels announces the initiation of construction on its first biodiesel facility on the Houston Ship Channel

Green Earth Fuels, LLC today announced the initiation of construction of its first biodiesel facility to be located on the Houston Ship Channel at Kinder Morgan's Galena Park liquid terminal facility. The Green Earth Fuels facility will have the capacity to produce 43 million gallons of biodiesel per year and is expected to be in production in July, 2007. This is the first of two facilities Green Earth Fuels will construct this year. The second facility will begin construction in the fourth quarter and will be located in New Orleans, Louisiana.

The Energy Information Agency (EIA) ranks Texas as number one in U.S. consumption of distillate fuel and the state accounts for 20 percent of U.S. crude oil production. Houston is at the forefront of this petroleum-leading state with its Port of Houston complex in the Houston Ship Channel. "By locating on the Houston Ship Channel within an existing terminal, this site offers maximum flexibility for feedstocks and finished products," says Gregory L. Bafalis, CEO of Green Earth Fuels. A key factor to success in the growing biodiesel market will be the ability to consistently integrate quality controlled product into the existing petroleum distribution infrastructure. The co-location of our production facility with the Kinder Morgan terminal places us directly within the petroleum supply chain, creating a seamless integration with customers existing distillate operations.

Together, the Houston and New Orleans facilities are each expected to create 28 jobs as well as an additional 60 indirect jobs in service of the plant. Construction-related jobs are expected to range from approximately 50 people, to a peak of 150.

This announcement follows on a previous release by Riverstone Holdings, LLC (Riverstone), The Carlyle Group, and Green Earth Fuels, LLC announcing the financing of Green Earth Fuels through a controlling investment by the Carlyle/Riverstone Renewable Energy Infrastructure Fund I, L.P. (CRREIF). Back to News Listings