CS Capital invests in EU-endorsed Norne Carbon Storage Hub enabling safe and permanent CO2 storage in Denmark
Core Sustainability Capital (“CS Capital”) has invested in the Norne Carbon Storage Hub founded by Fidelis New Energy. The hub consists of CO2 reception facilities, pipelines and storage facilities designed for safe and permanent storage of CO2. We have assisted Norne Carbon Storage Hub in the investment.
The Norne Carbon Capture Storage (CCS) infrastructure project commenced its engineering, investment, and development activities in 2021 to safely store the first CO2 by mid-2027.
By 2030, Norne is aiming to store more than 30 million tons of CO2 per year corresponding to approximately half of Denmark's annual CO2 emissions. Hence, Norne is a crucial project not only in the decarbonization of Denmark but also in EU's green transition where it has been designated a Project of Common Interest, recognizing its role as a priority infrastructure project with significant EU impact.
We are proud to have assisted Norne Carbon Storage Hub in the investment.
Read more: Core Sustainability Capital and Fidelis New Energy announce investment partnership in the Norne Carbon Storage Hub enabling safe, permanent, and economical CO2 storage in Denmark (prnewswire.com) and (in Danish) Fond poster over halv milliard pensionskroner i dansk CCS-projekt (energiwatch.dk)
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