Overview

• The package pairs $60 million in WEDC enterprise tax credits with a $150 million grant financed through 20-year bonds backed by the DNR forestry account.
• Legislators identify Synthec Fuels, working with Wisconsin-based Johnson Timber, as the prospective operator while the company also weighs Minnesota and Michigan sites.
• Sponsors say the deal would require at least $1.5 billion in investment over five years, sourcing a minimum of 80% of feedstock from Wisconsin forests and preferring in-state contractors.
• Backers expect roughly 150 jobs and position the plant to supply growing European demand for sustainable aviation fuel driven by mandated blending targets.
• The bill began circulating for cosponsors with Rep. Chanz Green as lead sponsor, and Gov. Tony Evers has not committed although he is described by sponsors as very interested.