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Breaking: Air Products scraps its $4.5 billion Ascension Parish project
Pennsylvania-based Air Products announced Tuesday that it is scrapping its plans to develop the $4.5 billion Louisiana Clean Energy Complex in Ascension Parish.
The company also announced it would record up to $2.9 billion in pre-tax charges in...
Gulf Coast Tactical invests $6.1M in New Iberia facility to expand federal maritime production
Gulf Coast Tactical, LLC announced it will invest $6.1 million in Iberia Parish to expand the production of unmanned surface vehicles, patrol craft, and other maritime platforms used in security operations, reports Ocean News.
The...
Executive order hopes to protect ratepayers from data center infrastructure costs
An executive order signed by Gov. Jeff Landry last week hopes to protect Louisiana ratepayers from the costs of data centers and other power-intensive developments. The order, called the Louisiana Ratepayer and Community Protection...
Supreme Court ruling to protect Roundup manufacturer from thousands of lawsuits
A Thursday Supreme Court ruling is expected to block thousands of lawsuits against the maker of Roundup for alledgedly failing to warn people the product could cause cancer, reports The Associated Press.
The case came before...
Stonepeak raises $2.5B to refinance construction debt tied to Louisiana LNG
Stonepeak is refinancing construction debt at Louisiana LNG in Calcasieu Parish with $2.5 billion raised through a private bond issuance, Bloomberg reports.
The transaction was completed via Stonepeak Wallaby I Acquiror LP, a holding company linked...
