"I believe that investments like this one which reduces existing energy emissions are even more critical than anything else that we could do because they're gonna have a positive impact much much sooner, and they stimulate economic activity, create jobs, and they create jobs right here in rural areas where they're needed the most."
- Governor John Bel Edwards
- Governor John Bel Edwards
About Project Diamond Vault
It is Cleco’s policy to conduct business in an environmentally responsible manner. This responsibility includes compliance with environmental laws and regulations to protect public health and the environment.
FAQs
-
How do I provide feedback on Project Diamond Vault?
Please call 1-833-335-2612 or email [email protected]. -
What is the timing for the project?
The FEED study for Project Diamond Vault has already begun and is expected to be completed in Q2 2024. Construction is expected to begin by the end of 2025, and commercial operation of Project Diamond Vault is planned to occur in 2028. -
How much will Project Diamond Vault cost?
Following a successful FEED Study, Cleco Power will work to secure Diamond Vault project funding – expected to be between $1.1 and $1.4 billion – through a combination of Cleco and outside investments.
-
Why is the Project called Diamond Vault?
It’s a metaphor. Diamonds are precious jewels made deep within the earth. Project Diamond Vault won’t literally make diamonds. But we do believe that gathering and sequestering carbon in geological vaults directly below the Brame Energy Center will have precious value to Cleco, our customers, and the state of Louisiana as a whole.
To us, the project is a diamond.
How can I provide feedback and ask questions?
Contact us:
Phone: 1-833-335-2612
Email: [email protected]