Broadwing Energy, a subsidiary of Houston-based energy transition company Low Carbon Solutions, is building a more than $1 billion natural gas facility in Illinois that’ll supply power for agribusiness giant Archer Daniels Midland and simultaneously reduce carbon emissions.
Construction is expected to start in 2025 and wrap up in 2028.
The natural gas plant will provide both electricity and steam for ADM’s processing operations in Decatur, Illinois, which consist of three facilities across more than 1,100 acres. CO2 “scrubbing” technology installed at the power plant will capture carbon emissions, which will then be kept in ADM carbon storage wells.
ADM’s products include citric acid, lactic acid, xanthan gum, dextrose, sorbitol, corn syrup, and ethanol.
Low carbon Infrastructure says the power plant holds the potential to permanently remove more than two million tons of CO2 emissions per year. In addition, it will create about 1,000 construction jobs and two dozen permanent jobs.
Broadwing says the plant will net roughly 350 megawatts of lower-emission power to help decarbonize the industrial, transportation, and electricity sectors. ADM will buy about 95 megawatts of that power for its Decatur operations.
“This project will serve as a model for others to follow as we work toward decarbonizing our economy and the world,” says Jonathan Wiens, CEO of Low carbon Infrastructure.
The Decatur project was announced in 2021.
Low Carbon Solutions’ equity backer is London-based investment firm Low Carbon Infrastructure, which opened a Houston office last year. Founded in 2010, Low Carbon Infrastructure has about $2.5 billion in assets under management.
Reference article: Broadwing Energy to build innovative power, steam facility in Illinois – Energy Capital (energycapitalhtx.com)
