Published by Todd Bush on February 6, 2025
AMES, Iowa and SACRAMENTO, Calif., Feb. 5, 2025 /PRNewswire/ -- Summit Carbon Solutions and Infinium, a leading electrofuels (eFuels) producer, have entered an arrangement for the supply of up to 670,000 metric tons of carbon dioxide (CO2) annually at a proposed eFuels facility in North Dakota or South Dakota.
By leveraging Summit's pipeline network, Infinium would have access to a consistent supply of CO2—important to the production of ultra-low carbon eFuels. These fuels, made by combining captured CO2 with renewable power-derived green hydrogen, are used in the aviation, shipping, and heavy transport sectors, increasing domestic energy production and the supply of high-demand eFuels to U.S. and international markets.
>> In Other News: Captura Opens New Direct Ocean Capture Pilot Plant in Hawaii
"This partnership demonstrates how CO2 infrastructure drives energy independence and enables new markets for ethanol producers, farmers, and rural communities," said Lee Blank, CEO of Summit Carbon Solutions. "CO2 is a commodity with growing value, and Infinium's eFuels technology is an important piece of the puzzle. By providing a reliable CO2 supply, we're helping unlock opportunities that support domestic energy production and economic growth."
Construction and operation of an Infinium eFuels facility in the Midwestern U.S. would promote significant investment in state and local economies, create high-paying, skilled jobs, and support hundreds of additional positions. At the same time, it would open additional market opportunities for U.S. ethanol producers and farmers in America’s Heartland.
"As demand for eFuels continues to rise, it is essential to secure reliable and scalable CO2 sources," said Robert Schuetzle, CEO of Infinium. "Summit's infrastructure would supply the CO2 needed to scale production and advance eFuels as a key part of America's energy future."
Infinium is a leading provider of gas conversion solutions and developer of eFuels projects. Its offerings include ultra-low carbon synthetic eFuels, technology enabling monetization of flare gas and RNG, and patented technology designed to support the rapidly evolving energy industry. Infinium is a company of "firsts"—the first to produce commercial volumes of power-to-liquid clean eFuels; the first to develop and deploy modular gas conversion technology; and the only clean fuels innovator offering end-to-end solutions to customers at every step in their energy journey. Industry leaders including Amazon, American Airlines, Borealis, and IAG are customers of Infinium. Learn more at www.infiniumco.com.
Summit Carbon Solutions is driving the future of agriculture by expanding economic opportunities for ethanol producers, strengthening the marketplace for Midwest-based farmers, and creating jobs. In developing the largest carbon capture and storage project in the world, the company seeks to connect industrial facilities via strategic infrastructure to store carbon dioxide safely and permanently in the Midwest United States. For more information, visit www.SummitCarbonSolutions.com.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue ⛏️ Iowa's Hydrogen Rush: Can Koloma Strike Gold Before Rules Kick In? ✈️ Bentley Commits to Use 100% Sustainable Aviation Fuel for Car Airfreight 🌬️ Minister Parrott Provides Upd...
Inside This Issue 💰 LanzaJet Announces $47M in New Capital and First Close of Equity Round at $650M Pre-Money Valuation 🚢 Maersk's Ethanol Bet Could Reshape U.S. Fuel Markets 🪨 Canada Nickel and t...
Inside This Issue 🛡️ Kita's $29M Bet Signals Carbon Insurance Is Here 🏗️ CCI BioEnergy Selects Arcadis As Design-Engineer Partner Under Master Service Agreement 🤝 Tapestry and Climeworks Announce ...
Climeworks Establishes Canadian Headquarters in Calgary
Calgary, Alberta, February 20, 2026 — Climeworks, a global leader in commercial carbon removal, has established its Canadian headquarters at Calgary’s ETC, one of Alberta’s leading hubs where start...
MIAMI, Feb. 24, 2026 /CNW/ - Power Sustainable Infrastructure Credit ("PSIC") recently closed an $85M senior secured financing for Sagepoint Energy ("Sagepoint"), a vertically integrated renewable ...
HALIFAX, NS, Feb. 24, 2026 /CNW/ - The Nova Scotia Salmon Association (NSSA) is celebrating a significant advancement in climate action and watershed restoration as Royal Bank of Canada purchases a...
Honeywell International: Process Technology to Help Verso Energy Accelerate eSAF Production
CHARLOTTE, N.C., Feb. 24, 2026 - Honeywell today announced that Verso Energy, an integrated energy company focused on producing low-carbon molecules, will use Honeywell UOP's eFiningTM methanol-to-...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.