expansion project

Orange County approves $150 million, 10-year tax abatement for Jefferson Energy expansion

Orange County and the Orange County Economic Development Corporation have approved a Chapter 381 abatement agreement with Jefferson Gulf Coast Energy Partners, LLC to invest $150,000,000 in the expansion of its trans-load facility in Orange County.

According to Mark Viator, director of Public and Government Affairs/Special Projects at Jefferson Energy Companies, the abatement will allow the company to potentially build additional assets including but not limited to a new storage tank, dock and additional unloading stations and rail.