Frontier Carbon Solutions Holdings LLC, a project developer in the carbon capture, utilization, and sequestration sector and a portfolio company of Tailwater Capital LLC, today announced the Sweetwater Carbon Storage Hub, one of North America’s first open source, multipurpose carbon storage hubs.
The SCS Hub spans over 45,000 acres in southwestern Wyoming and will provide a carbon management solution for industrial emitters across the Mountain West. Additionally, Frontier has submitted 3 Class VI UIC Permits with the Wyoming Department of Environmental Quality for CO2 injection. When fully developed, the SCS Hub is expected to store over 350 million metric tons of CO2 in geologic reservoirs.
The University of Wyoming’s School of Energy Resources (SER), with Frontier as a partner and collaborator, was recently awarded $40.5m by the Department of Energy’s CarbonSAFE initiative to further develop the Sweetwater Carbon Storage Hub. Frontier and SER will use grant proceeds to invest in the SCS Hub, including drilling Class VI injection wells and expanded reservoir characterization across the area. Alongside a recently announced upsized equity commitment from Tailwater Capital, Frontier will be well positioned to further build the SCS Hub into the preeminent carbon storage complex in the Rocky Mountain region.
“Frontier is honored to be awarded these funds from the CarbonSAFE initiative in partnership with the University of Wyoming,” said Robby Rockey, president and co-chief executive officer of Frontier. “This partnership allows us to highlight Wyoming as a key leader in carbon storage and we will utilize this capital to accelerate the development of the SCS Hub.”
Additionally, Frontier is pleased to announce the promotion of Alicia Summers to chief development officer. Summers is a co-founder of Frontier and brings more than two decades of reservoir and principal investment experience to the platform. She has played a leading role in Frontier’s subsurface development, site characterization, and Class VI permitting. In her new role, she will focus on strategic growth of the SCS Hub and additional sequestration sites across the Mountain West.
“Alicia is a clear leader in the CCUS industry,” said Steven Lowenthal, co-chief executive officer at Frontier. “As we advance the SCS Hub and other largescale storage sites across the Mountain West, Alicia’s expanded leadership role will further position Frontier as the premier carbon management provider in Rockies.”
“We are very proud of the progress the Frontier Carbon team has made advancing this project and we are fully committed to developing this best-in-class carbon storage hub in Southwest Wyoming,” said Stephen Lipscomb, partner of Tailwater Capital.
