Varme Energy signs partnership with Gibson Energy and secures carbon credit offtake and funding from Canada Growth Fund for planned waste-to-energy with CCS project
Type: Partnership · Technology: Other, Water Waste, Industrial · Country: Canada · Announced: 2024-06-11
Varme Energy partnered with Gibson Energy and obtained a Carbon Credit Offtake agreement and financial backing from Canada Growth Fund to advance its planned waste-to-energy facility with CCS in Strathcona County, Alberta, including a 15-year carbon credit purchase of 200,000 tonnes per year at $85/tonne and support toward FID.
Counterparties
- Canada Growth Fund (Investor)
- Gibson Energy Inc (Partner)
- Varme Energy (a subsidiary of Green Transition Holdings) (Developer)
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