Deals Counterparts

Summit Carbon Solutions

company

Summit Carbon Solutions is developing the 'Midwest Carbon Express,' a large-scale carbon capture, transport, and storage project. The project aims to decarbonize the agricultural and ethanol industries by capturing CO2 from ethanol plants across the Midwest and transporting it via pipeline for permanent underground storage.

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Parent: Summit Agricultural Group
Carbon Capture & Storage DeveloperDeveloperOperator

Strategic Overview

  • Focus on decarbonizing the agricultural and ethanol industries through large-scale carbon capture and storage.
  • Developing a multi-state pipeline network (Midwest Carbon Express) to transport captured CO2 to secure underground storage sites.
  • Aims to provide economic benefits and job creation in rural communities across the Midwest.
  • Leveraging federal tax credits (45Q) to make carbon capture projects economically viable.

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Key People

Bruce Rastetter
CEO
Justin Kirchhoff
President
Wade Boeshans
COO
Jake Ketzner
Chief Strategy Officer

Track Record

3
Years Active
$M4,500M
Total Value
Notable projects: Midwest Carbon Express (Carbon Capture & Storage Pipeline)

Detailed Analysis

Technologies
Carbon Capture & StoragePipelines
Sectors
Energy TransitionUtilities
Geographies
USAIowaSouth DakotaNorth DakotaMinnesotaNebraska
Deal Stage
Greenfield

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