Svante Inc., formerly Inventys, has signed a collaboration agreement with Cross River Infrastructure Partners LCC to develop industrial scale carbon capture projects in North America.
Connecticut-based Cross River will be responsible for project origination and financing the carbon capture and storage projects using Svante’s technology, as well as operating facilities that deliver captured carbon dioxide (CO2) to end-users.
“We provide capital and commercialisation solutions to technology providers such as Svante to develop pipelines of small to mid-size projects with similar risk profiles,” said Andrew Wilder CEO of Cross River.
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