The revised LOI for CapturePoint’s Central Louisiana Regional Carbon Storage Hub (CENLA Hub) provides for Energy Transfer the right to participate in a joint venture that will own and operate the hub.
The funding was led by HSBC, with participation from J.P. Morgan, Stifel Bank, and Hercules Capital.
Plug Power raised $150m in at-the-market equity transactions during 1Q24, and is in conversations with two potential providers of debt for a transaction that would shore up its liquidity.
Since ammonia as an energy commodity is still a new idea with a yet-to-be-created market, there’s a general sense of uncertainty looming over the industry.
Catalyst Midstream is set to launch a FEED study for a 1 million ton blue ammonia facility in Berthold, North Dakota, with expected offtake in the Asia-Pacific marketplace. The project has not been previously announced or reported.
Under this FOA, the transport system—which may include pipelines, rail, trucks, barges, and/or ships—must connect, either directly or indirectly, two or more CO2 emitting sources to one or more conversion sites or secure geologic storage facilities.
Air Products’ equity multiple has compressed over the last 15 months, but CEO Seifi Ghasemi said he is focused on extracting the highest price for the products that his clean hydrogen projects will be providing.
Independent power development company Tenaska is advancing a portfolio of more than 10 carbon capture and sequestration hubs across the US. We spoke with Bret Estep, who heads up the CCS strategy for the firm.
Cielo Waste Solutions has issued a limited notice to proceed for a biomass gasifier for its Carseland renewable fuels project in Alberta.
The publicly traded company closed debt financing transactions with two banks for fuel cell projects in Derby, Connecticut.
