Key Milestones
- Tax-exempt financing of ~$1.259 bn has been secured under the Midwest Disaster Relief program.
- Barclays is the lead underwriter for the Posey County Tax-Exempt Bonds.
- MFC has secured all pre-construction permits including Title V Air Permit.
- MFC holds options for land for the facility in Posey County, IN where infrastructure including rail, road and port etc. are already available. Plant site is in proximity to customers allowing easy access to domestically produced fertilizer.
- Project receives strong support from the State of Indiana and Posey County with a target FID in 2027 and COD in 2031.