Quantum Energy Partners to commit $400m to Trace
Investors - SEPTEMBER 27, 2022

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Quantum Energy Partners to commit $400m to Trace

by Released

Trace Midstream has secured an equity commitment of $400 million from Quantum Energy Partners to form Trace Midstream Partners II and its affiliate, Trace Carbon Solutions (collectively Trace II, or the company).

Headquartered in Houston, the company will focus on developing carbon capture and sequestration (CCS) assets and supporting midstream infrastructure across North America. CCS is the process of capturing CO2 emissions and converting the CO2 into a fluid form that can be safely transported and sequestered underground permanently. CCS reduces the amount of CO2 that would have entered the atmosphere otherwise and has been recognized as a critical strategy in the global initiative to combat climate change.

In support of its CCS focus, Trace II has appointed industry veteran David Dell’Osso as its chief operating officer.

“We are excited to continue our partnership with Quantum as we pursue the development of CCS assets an

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