Terms
- Announced
- 13 Aug 2026
- Instrument
- M&A
- Amount
- Undisclosed
- Source
- news.minnkota.com
Parties
- Project developer
- Project Tundra (Milton R. Young Station)
- Recipient type
- Infrastructure
- Country
- United States (North Dakota)
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Reliant Carbon Capture & Storage Acquirer Undisclosed No value disclosed
Carbon
- Pathway
- Industrial CCS / CCUS
- Project type as recorded
- Reliant CCS takes lead developer role on Project Tundra capture facility at the Milton R. Young lignite station, ND, and will explore CO2 offtake for Bakken enhanced oil recovery
What happened
- Minnkota Power Cooperative signed Reliant Carbon Capture & Storage as lead developer for Project Tundra at the Milton R. Young Station, Center, North Dakota. Reliant will develop, own and operate the capture facility and will explore CO2 offtake for Bakken enhanced oil recovery. Revives a project whose prior co-developers withdrew around 18 months ago and whose DOE funding was terminated around a year ago. A development-rights transfer rather than a conventional acquisition.
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