Terms
- Announced
- 25 Jun 2026
- Instrument
- Equity
- Amount
- UndisclosedReported as undisclosed (strategic stake)
- Source
- newswire.ca
Parties
- Project developer
- Deep Sky
- Country
- Canada
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Sumitomo Mitsui Banking Corporation Investor Undisclosed No value disclosed
Carbon
- Pathway
- DAC
- Project type as recorded
- Direct Air Capture (DAC) carbon removal
What happened
- Investor: SMBC (Sumitomo Mitsui Banking Corporation), via its Social Value Creation Investment Fund - the bank's first CDR/DAC investment - took a strategic stake in Canadian DAC developer Deep Sky to support DAC market development in Japan. Terms undisclosed.
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