Work to begin on $140M renewable natural gas facility in La Porte
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South Carolina-based Nexus W2V this week announced it has secured financing for its planned $140 million Kingsbury Bioenergy Complex in La Porte, and construction is ready to begin.
The facility is designed to convert organic waste into renewable natural gas, as well as compost products and biochar, which is used to enhance the quality of degraded soils.
When complete, the project is expected to create 35 jobs.
Nexus W2V recently closed on a $75 million funding commitment from Orion Infrastructure Capital in New York, with additional investment from parent Nexus Holdings and Khasma Capital, as well as debt financing from Ameris Bank.
The facility will be located inside the Kingsbury Industrial Park in La Porte. The company said the facility is expected to process 200 tons of organic waste—including food scraps, food byproducts, agricultural biomass, fats, oils and other nonhazardous food waste—into RNG and coproducts each day.
The RNG produced at the facility will be injected into the existing pipeline system in northern Indiana, Nexus said, with the goal of enhancing the region’s domestically produced renewable energy supply.
“The Kingsbury Bioenergy Complex will offer the greater Chicago area and western Indiana a long-term solution to their organic waste disposal needs,” Nexus W2V CEO Roshan Vani said in a news release. “It’s the first in a series of waste-to-value projects that Nexus W2V has planned nationwide and serves as a blueprint for how we plan to think about the waste-to-value ecosystem.”
Early site work has begun, and Vani told Inside INdiana Business that full construction will commence early in the first quarter of 2025.
The facility is expected to be fully operational by the end of 2026.