Terms
- Announced
- 21 Oct 2025
- Instrument
- Equity
- Amount
- US$55.0m
- Source
- businesswire.com
Parties
- Project developer
- Arbor Energy
- Recipient type
- Technology company
- Country
- United States
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Lowercarbon Capital Investor US$11.0m Estimated: an even share, 1 of 5 Voyager Ventures Investor US$11.0m Estimated: an even share, 1 of 5 Gigascale Capital Investor US$11.0m Estimated: an even share, 1 of 5 Marathon Petroleum Corporation Investor US$11.0m Estimated: an even share, 1 of 5 Cantos Ventures Investor US$11.0m Estimated: an even share, 1 of 5
Carbon
- Pathway
- Bio-oil / biomass burial
What happened
- Lowercarbon Capital and Voyager Ventures co-led. The company names itself Arbor Energy.
Kumo note
- Arbor sells power first and carbon removal second, and the round was raised on data centre demand rather than on the removal credits. A refiner sits alongside the climate funds in the same equity round.
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