Feb 27, 2026
BURNSIDE mdash; An Acadiana biofuel plant owes a company in Ascension Parish over $50 million after failing to uphold its end of an agreement, according to a report by The Advocate.nbsp;Delta Biofuel LLC, the operator of a renewable fuel facility in Jeanerette, owes more than $56 million following a lawsuit on Feb. 9 by Ascension Bulk Terminals LLC, the paper wrote.nbsp;The lawsuit alleges thatnbsp;Delta breached its contract with the company and violated the Louisiana Unfair Trade Practices Act, as well as committing fraudulent inducement.nbsp;The lawsuit comes from a 15-year storage service agreement between the two companies, in which ABT agreed to deliver and store bagasse pellets in addition to constructing a $23 million storage dome.The company announced it was investing $100 million into the project in May of 2023.Permalink| Comments ...read more read less
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