Elysian Carbon Management has secured an initial capital commitment of $350 million from EnCap Flatrock Midstream (EFM).
Elysian provides integrated end-to-end carbon capture and storage (CCS) solutions to owners of industrial and power facilities seeking to transition to low carbon products and address environmental, social and governance (ESG) goals through the reduction of emissions.
“We are excited to partner with EnCap Flatrock Midstream as we focus on developing, building and operating carbon storage sites, affiliated capture facilities and the infrastructure required to connect emissions sources to geologic storage,” said Bret Logue Elysian, Elysian CEO.
