Highly Innovative Fuels Plans Matagorda County, Texas, eFuels Plant
Construction of the site is expected to begin in 2023 and produce eFuels from the facility by 2026.
"I am grateful to the citizens of Matagorda County for welcoming the first American eFuels facility to the south coast of Texas," said HIF USA CEO Renato Pereira.” Once again Texas has shown its leadership as the heart of America’s energy sector, galvanizing new energy supplies for the United States and the world. We chose this site because of its unique combination of incentive support, available real estate, tax and regulatory stability, and commitment to protecting the environment through responsible and sustainable economic development. Carbon-neutral eFuels represent the energy sector’s next frontier, enabling renewable resources to fuel our mobile economy."
Highly Innovative Fuels Global is the world leading eFuels company, developing projects to convert hydrogen made using low-cost renewable power into carbon neutral liquid eFuels that can be transported and utilized in existing infrastructure.
"As the leader in the future of eFuels, HIF will be an excellent addition to the Texas economic juggernaut," said Governor Greg Abbott. "This investment is great news for Texans in Matagorda County and the Coastal Bend, with more jobs, opportunity, and enhanced technology coming to the Lone Star State. Texas is proud to be the energy capital of the world, and I look forward to a continued partnership with HIF to keep our state the energy leader."
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