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CapturePoint | Energy Transfer | CENLA Hub

USA
Greenfield

Overview

Status
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Greenfield
Region
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North America
Geography
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USA
State
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Louisiana
Equity Owner
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CapturePoint LLC, CapturePoint Solutions LLC, Energy Transfer LP
Proponent
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CapturePoint, Energy Transfer
Output
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Carbon capture and storage (CCS)
Carbon pipeline
Type of electricty
-
Capacity
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Financing
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Planning to raise around $600m
Technology
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Technical Advisors
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Advisors
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Project Contact
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Tracy Evans, CEO of CapturePoint
Lawyers
-
Project Cost
-
Offtaker
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Commercial Operations Date
-
Decommission Date
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FID
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February, 2023

Description

The Central Louisiana Regional Carbon Storage Hub — CENLA Hub — involves the capture of CO2 emissions from natural gas processing facilities owned by affiliates of Energy Transfer in north and central Louisiana, as well as from other industrial sources in the area, for transport by pipeline to deep underground sequestration in the CENLA Hub.

CapturePoint’s plans include expansions to capture, transport and store emissions at the CENLA Hub from other sources in the industrial corridors of southern Louisiana.

The company filed for an EPA Class VI permit in June 2022 to advance the first CO2 sequestration wells in the CENLA Hub.

CapturePoint has now executed deals with private landowners for pore space leases totaling over 14,000 acres associated with the second CENLA Hub storage site.

In May 2024, CapturePoint and Energy Transfer signed a revised Letter of Intent that provides for the joint development of the project. The companies also signed a definitive CO2 Offtake Agreement committing CO2 from Energy Transfer’s Haynesville natural gas treating facilities. The LOI also provides a framework for CapturePoint and Energy Transfer to collaborate regarding the capture and sequestration of additional CO2 from other Energy Transfer facilities in Louisiana.

 



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CapturePoint, the Texas-based CCS developer, has made a final investment decision to proceed with carbon capture and storage infrastructure investments in the Central Louisiana Regional Carbon Storage Hub (CENLA Hub), according...

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