Terms
- Not ranked
- Out of scope
- Announced
- 11 May 2022
- Instrument
- Equity
- Amount
- Over $1bn
- Source
- carbonherald.com
Parties
- Project developer
- Summit Carbon Solutions
- Country
- United States
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis TPG Rise Climate Investor Not credited Not ranked SK E&S Investor Not credited Not ranked Continental Resources Investor Not credited Not ranked
Carbon
- Pathway
- Industrial CCS / CCUS
- Backed by offtakes from
What happened
- Floor figure. Verified 6 Sep: TPG $300m and SK E&S $110m (10% stake) confirmed; the $250m Continental tranche is a component, not additive. Continental is described as a construction funding commitment rather than an equity stake - classification flag
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