Published by Todd Bush on April 11, 2024
CALGARY, AB, April 10, 2024 /PRNewswire/ - Bison Low Carbon Ventures Inc. ("Bison") is pleased to announce that Mizuho Bank, Ltd. (hereinafter "Mizuho") has made an investment in Bison to facilitate development of Bison's carbon capture and storage (CCS) projects in Alberta, Canada.
>> In Other News: Targray’s New Headquarters Showcases Commitment to Sustainability, Growth and Collaboration
Mizuho is Japan's third largest bank and is investing to support the implementation and deployment of CCS technology through their newly established Transition Investment Facility. Through this facility Mizuho has begun committing equity investments towards seed or early-stage corporations to support the challenges Mizuho clients have in funding sustainability initiatives. Sharing in both opportunity and risk through such investment, Mizuho Bank aims to co-create value and contribute to the sustainability of the environment, in part through the development of Bison CCS projects in Alberta.
Bison is an Alberta based carbon storage project developer with two Evaluation phase Hub tenures being progressed towards regulatory approval and commercial development. The Meadowbrook CCS Hub Project (hereinafter, the "MCSH Project"), one of the projects being developed by Bison, is located near Edmonton, Alberta, and aims to develop a world-scale storage operation of 3 million tons of CO2 per annum. Detailed geological evaluation has been completed and our sequestration application has been submitted with potential to commence storage operations as early as mid-2025, subject to receipt of all necessary approvals. The project will scale to full capacity as market demand for sequestration services develops.
The MCSH Project is expected to transport and store CO2 emitted from the Alberta Industrial Heartland region and industries within its proximity, thus contributing to Canada's and Alberta's 2050 carbon neutral goal and in support of both new emission sensitive and existing hard to abate industries reaching their decarbonization targets. Through its relationship with Bison, Mizuho will also participate in the North Drumheller CCS Project and other Bison- developed energy transition initiatives.
SOURCE Bison Low-Carbon Ventures Inc.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🧪 $400M Bet on Blue Ammonia: Industry Giants Push Carbon Capture in Louisiana 🏭 Linde Signs Long-Term Agreement to Supply Industrial Gases to World-Scale Low-Carbon Ammonia Facil...
Inside This Issue 🔌 BP's Indiana Exit Is Not the Endgame for Clean Hydrogen ☀️ Cadiz Signs Second MOU for Hydrogen - Solar Development at Cadiz Ranch 🏗️ Heidelberg Materials Inaugurates Brevik CCS...
Inside This Issue 🧩 Who Gets Left Behind? Inside the Senate Plan Reshaping America's Clean Energy Future 🌿 TMD Energy Limited Enters into Strategic Memorandum of Agreement to Advance Green Bioener...
Entropy Enters Definitive Agreement to Purchase Strategic Carbon Storage Assets
Transaction increases Entropy's customer base and expands Entropy's operations into Saskatchewan CALGARY, AB, June 23, 2025 /CNW/ - Entropy Inc. ("Entropy"), a subsidiary of Advantage Energy Ltd. ...
Paris Air Show: TotalEnergies Signs a Deal with Quatra to Secure Feedstock for its Biorefineries
TotalEnergies and Quatra, the European market leader in the collection and recycling of used cooking oil, have signed a 15-year agreement beginning in 2026, for the supply of 60,000 tons a year of ...
Funding led by Taranis will accelerate deployment of Elemental’s low-carbon platform that transforms waste into high-value carbon nanomaterials, clean hydrogen, and recovered critical minerals. HO...
First large-scale multi-panel solar-to-hydrogen system to be installed at UT Austin’s Hydrogen ProtoHub, featuring sixteen photoelectrochemical hydrogen reactors totaling more than 30m² in active a...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.