Transaction

HOOPCO2 - Enova grant for biogenic CO2 transport to storage (2024)

Terms

Announced: 30 Jun 2024
Instrument: Grants
Amount: US$1.22mReported as NOK 12.9 million, converted at 0.0942 USD/NOK (June 2024 average)
Source: 2024.enova.no

Project developer: HOOPCO2
Recipient type: Grant recipient
Country: Norway
Capital providers: Capital providers and the amount counted for each
Party Role Amount Basis
Enova Grantor US$1.22m Sole provider: the whole transaction

Capital providers and the amount counted for each
Party	Role	Amount	Basis
Enova	Grantor	US$1.22m	Sole provider: the whole transaction

: Enova's 2024 report records that HOOPCO2 was awarded NOK 12.9m to develop an efficient process for transporting biogenic CO2 from a biogas plant at Slemmestad to permanent storage. Source: 'Selskapet er tildelt 12,9 millioner til a utvikle en effektiv prosess'.

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Terminal

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