![Mississippi River in Plaquemines Parish, Louisiana.](/sites/default/files/styles/hart_news_article_image_640/public/image/2022/12/shutterstock-783989980.jpg?itok=u0lC9UiU)
Mississippi River in Plaquemines Parish, Louisiana. (Source: Shutterstock)
Tallgrass Energy Partners is collaborating with the Louisiana Coastal Protection and Restoration Authority (CPRA) to advance coastal restoration and hurricane damage reduction initiatives with the sale of over 500 acres in Plaquemines Parish, Louisiana.
The agreement advances Louisiana Governor John Bel Edwards’ efforts to protect communities against hurricanes by creating more wetlands to act as a natural storm barrier.
The agreement will allow CPRA to use its Mid-Barataria Sediment Diversion plan to divert sediment and water from the Mississippi to the Barataria Basin without the exercise of eminent domain. The agreement allows Tallgrass to continue its evaluation of renewable and clean energy developments under CPRA’s assurance that the plans stay consistent with CPRA’s coastal division program.
“This agreement gets us one step closer to building a first-of-its-kind environmental infrastructure project that will fundamentally change our state's ability to fight land loss. It enables us to build a cornerstone project of our Coastal Master Plan and represents the kind of collaboration between community, government, and the private sector that is required to effectively restore our coast,” said CPRA Chairman Chip Kline.
The recent agreements add to Tallgrass’ conservation efforts in the area. In 2020, Tallgrass created a “buffer-zone” of 50 acres that prohibited development near the local Ironton community.
Tallgrass is also partnering with CPRA to protect the history and future of the local community. CPRA and Tallgrass are creating the Ironton & Southeast Louisiana Committee to conserve the area’s Saint Rosalie Plantation Cemetery.
Tallgrass said $3 million of the proceeds from the Plaquemines sale will be used to advance the region’s social and economic initiatives, such as restoration of community areas impacted by damage caused by Hurricane Ida.
Recommended Reading
Baker Hughes Wins Contracts for Woodside’s Louisiana LNG Project
2024-12-30 - Bechtel has ordered gas technology equipment from Baker Hughes for the first phase of Woodside Energy Group’s Louisiana LNG development.
SM Energy Adds Petroleum Engineer Ashwin Venkatraman to Board
2024-12-04 - SM Energy Co. has appointed Ashwin Venkatraman to its board of directors as an independent director and member of the audit committee.
BP Profit Falls On Weak Oil Prices, May Slow Share Buybacks
2024-10-30 - Despite a drop in profit due to weak oil prices, BP reported strong results from its U.S. shale segment and new momentum in the Gulf of Mexico.
Chevron Names Laura Lane as VP, Chief Corporate Affairs Officer
2025-01-13 - Laura Lane will succeed Al Williams in overseeing Chevron Corp.’s government affairs, communication and social investment activities.
Plains All American Prices First M&A Bond of Year
2025-01-13 - U.S. integrated midstream infrastructure company Plains All American Pipeline on Jan. 13 priced a $1 billion investment-grade bond offering, the year's first to finance an acquisition.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.