Project is largest private-sector investment on record in Carlisle County
FRANKFORT, Ky. (Feb. 26, 2026) – Today, Gov. Andy Beshear highlighted major growth in Kentucky’s energy sector as Green Energy Parks announced plans to locate a new $142 million agricultural waste-to-energy facility in Arlington that will create 20 high-wage positions. The project represents a record investment in Carlisle County and the first private-sector announcement in the county in more than a decade.
“We are proud to welcome Green Energy Parks to Arlington with this incredible investment that will create high-wage jobs, strengthen our economic future and pair with Kentucky’s iconic bourbon industry,” said Gov. Beshear. “With this announcement, we have now seen 43 counties announce their largest investment projects during this administration. Investments like these prove Kentucky is an economic leader.”
The Arlington facility will convert locally sourced agricultural byproducts – including corn stover, livestock manure and distillers’ grains from Kentucky’s bourbon industry – into renewable natural gas and food-grade liquid carbon dioxide (CO₂). At full capacity, the project is expected to produce approximately 1.47 million British thermal units of renewable natural gas annually, capture and liquify more than 72,000 tons of CO₂ per year and process approximately 575 tons of agricultural feedstock per day.
“Kentucky has exactly the right combination of agricultural heritage, forward-thinking leadership and business-friendly policy to make Arlington the blueprint for what renewable energy development can look like across America,” said Chris Negus, co-founder and CEO of Global NRG, and the co-developer of Green Energy Parks. “By converting corn stover, livestock manure and distillers’ grains – the very byproducts of Kentucky’s iconic industries – into clean renewable natural gas and food-grade CO₂, we’re not just creating 20 high-wage jobs; we’re demonstrating that energy transition and rural economic growth are two sides of the same coin. We’re proud to plant our flag in Carlisle County and deeply grateful for the partnership of Gov. Beshear and his administration in making this happen.”
Global NRG is a transatlantic renewable energy development and advisory firm specializing in anaerobic digestion, renewable natural gas and sustainable aviation fuel infrastructure. With offices in the UK and U.S. and a portfolio of financing mandates exceeding £1.5 billion, the company works across the full project lifecycle from development through to institutional capital formation. Through its U.S. development arm, Global NRG Renewables, the company directly develops and operates clean energy facilities that turn agricultural and organic waste streams into high-value energy commodities, creating long-term economic value for the rural communities they serve.
Carlisle County Judge/Executive Greg Terry spoke on the jobs being created: “This agricultural development is the kind of strategic growth our county needs. We are proud to welcome a project that builds on our local strength and positions us for a brighter, more successful future. We are excited to see this project come to development, and the creation of jobs opportunities within Carlisle County is always a win.”
Philip King, chairman of the Carlisle County Industrial Development Authority, spoke on the rural impact: “In rural communities, economic development must align with our identity and our goals. Agriculture is the backbone of our county, and this project supports that. This new development enhances job opportunities and puts our county in a great economic position. We are fortunate they chose Carlisle County, and we are excited to move forward.”
Green Energy Parks’ investment and job creation furthers what has been the best six-year period for economic growth in state history.
Since the beginning of his administration, Gov. Beshear has announced more than 1,300 private-sector new-location and expansion projects totaling over $45 billion in announced investments, creating more than 68,000 jobs. This is the highest investment figure secured during the tenure of any governor in the commonwealth’s history and $24 billion more than the next highest total.
Gov. Beshear has announced some of the largest economic development projects in state history, which have solidified Kentucky as the battery capital of the United States: AESC’s $2 billion, 2,000-job gigafactory project in Warren County; Ford Motor Co.’s $2 billion, 2,200-job commitment in Louisville, as well as its $2 billion, 2,100-job project at the Kentucky 1 plant in Hardin County; Shelbyville Battery Manufacturing’s $712 million investment, creating 1,572 jobs in Shelby County; and Toyota’s $1.3 billion investment in Scott County, among others.
The Governor’s administration also secured the largest General Fund budget surplus and Rainy Day Fund. In 2023, Kentucky recorded over 2 million jobs filled for the first time ever and has stayed above that number ever since.
Kentucky also secured rating increases from major credit rating agencies Fitch Ratings, S&P Global Ratings and Moody’s Investors Service.
Last year, Site Selection magazine ranked Kentucky in the top five nationally and second in the South Central region for economic development projects per capita in its 2024 Governor’s Cup rankings. Site Selection also placed Kentucky second in the South Central region and No. 6 nationally in its 2025 Prosperity Cup ranking, which recognizes state-level economic development agencies for their success in landing capital investment projects.
Gov. Beshear also announced a new initiative, called New Kentucky Home, to increase economic investment, attain and attract talent, and increase tourism across the state.
To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) today preliminarily approved a 15-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $900,000 in tax incentives based on the company’s investment of $142 million and annual targets of:
- Creation and maintenance of 20 Kentucky-resident, full-time jobs across 15 years; and
- Paying an average hourly wage of $105, including benefits, across those jobs.
Additionally, KEDFA approved Green Energy Parks for up to $150,000 in tax incentives through the Kentucky Enterprise Initiative Act (KEIA). KEIA allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing.
By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments.
In addition, Green Energy Parks can receive resources from Kentucky’s workforce service providers. Those include no-cost recruitment and job placement services, reduced-cost customized training and job-training incentives.
For more information on Green Energy Parks, visit GlobalNRGRenewables.com.
A detailed community profile for Carlisle County can be viewed here.
Information on Kentucky’s economic development efforts and programs is available at NewKentuckyHome.ky.gov. Fans of the Cabinet for Economic Development can also join the discussion at facebook.com/CEDkygov, on Twitter @CEDkygov, Instagram @CEDkygov and LinkedIn.
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