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Valero Ventures into Carbon Capture with Navigator CO2 JV

Joint Venture Carbon Capture And Storage announced United States Sep 12, 2024
1.2 MW
Capacity

Valero Energy and Navigator CO2 Ventures announced a strategic relationship to advance a carbon capture and storage (CCS) project. Valero will be an anchor customer and investor in Navigator's Heartland Greenway carbon capture pipeline system.

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Counterparts (2)

Developer
Navigator CO2 Ventures
company
Navigator CO2 Ventures is focused on developing carbon capture, utilization, and storage (CCUS) projects. They aim to provide carbon capture and storage services to industrial emitters.
Investor
Valero Energy
company
Valero Energy Corporation is an international manufacturer and marketer of transportation fuels and petrochemical products. Valero is committed to environmental stewardship and is actively involved in renewable fuels and energy transition initiatives.

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Timeline

Announced
Sep 12, 2024
Signed
Closed

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Source

investorvalero.com
View Full Deal Details

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