Britain-Based Grissan Renewable Energy Plans Marion County, Kentucky, Operations
10/16/2024
The new clean energy manufacturing facility will convert spent mash from distilleries into sustainable, renewable natural gas and fertilizer.
The new facility will efficiently process feedstock for the commonwealth’s bourbon producers while simultaneously providing renewable natural gas to the surrounding area. Construction is scheduled for completion in Fall 2025.
“We’re thrilled to announce our expansion into the U.S. market, establishing Kentucky as our new home,” said Paul Blackler, CEO of Grissan. “Kentucky’s thriving bourbon industry, combined with our rich Scotch whisky heritage, creates a perfect synergy to introduce our proven, sustainable energy solutions. By deploying our advanced renewable technologies, we aim to actively contribute to Kentucky’s clean energy transition, delivering significant environmental benefits while driving local economic growth and innovation.”
To support the project the Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved an incentive agreement with the company under the Kentucky Business Investment program. Additionally, KEDFA approved Grissan for further tax incentives through the Kentucky Enterprise Initiative Act (KEIA). KEIA allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing.
“Each time a company chooses to locate here in Kentucky, especially to establish its first operation in the United States, it’s a glowing testament to this great state, its resources and skilled workforce,” noted Governor Andy Beshear. “This is an incredible project for the Marion County community that will have a positive impact on the commonwealth’s sustainability initiatives to reduce our carbon footprint. I am thrilled to celebrate this exciting next step for Grissan and Marion County and look forward to a long and successful partnership here in the commonwealth.”
By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments. In addition, Grissan can receive resources from Kentucky’s workforce service providers. Those include no-cost recruitment and job placement services, reduced-cost customized training and job-training incentives.
“We are so proud that Grissan has chosen Lebanon and Marion County as home for its very first U.S. operation,” added Marion County Economic Development Executive Director Brooklyn Leep. “We are grateful for Grissan’s investment in our community, and it is our pleasure to support this project every step of the way.”
Grissan produces sustainable, renewable natural gas derived from distillery byproducts. The company processes approximately 4 million tons of distillery residues annually.
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