Friday, May 9, 2025
CN
  • About
  • Advertise
  • Careers
  • Contact
Money Compass
  • Home
  • Financial News
  • Investment News
  • Other News
    • Bursa News
    • Government News
    • Listing Companies News
    • Oversea Financial & Investment News
  • Interviews
    • Features Interviews
    • Corporate Interviews
  • Financial & Investment Articles
  • PR Newswire
  • Login
No Result
View All Result
Money Compass
Home PR Newswire

Fidelis’ AtmosClear signs agreement with Microsoft for high-quality carbon removal from project in Louisiana

Money Compass by Money Compass
April 15, 2025
in PR Newswire
0
Fidelis’ AtmosClear signs agreement with Microsoft for high-quality carbon removal from project in Louisiana
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

PORT OF GREATER BATON ROUGE, La., April 15, 2025 /PRNewswire/ — AtmosClear BR, LLC (“AtmosClear”), a portfolio company of Fidelis, announced that it has signed a contract with Microsoft for 6.75 million metric tons of engineered carbon removal over 15 years from bioenergy carbon capture & storage (“BECCS”). The deal is the world’s largest for permanent carbon removal to date.

AtmosClear Logo

AtmosClear is developing a carbon capture facility at the Port of Greater Baton Rouge in Louisiana. The plant will use sustainable materials like sugarcane bagasse and trimmings from prudent forest management to produce clean energy while capturing 680,000 metric tons of biogenic carbon dioxide per year for permanent storage or beneficial use, like as a feedstock for low-carbon natural gas or other synthetic fuels.

Related posts

QCY H3 Pro Wins Red Dot Design Award 2025, Continuing a String of Global Design Accolades

QCY H3 Pro Wins Red Dot Design Award 2025, Continuing a String of Global Design Accolades

May 9, 2025
Coway Announces Financial Results for Q1 FY2025

Coway Announces Financial Results for Q1 FY2025

May 9, 2025

Construction is planned to start in 2026 and commercial operations in 2029. Fidelis estimates that the project will result in over $800 million of investment and approximately 75 permanent and 600 construction jobs, while supporting a significant revival of forestry management jobs impacted by mill closures in the area.

“This contract with Microsoft marks a transformative moment for the high-quality, engineered carbon removal market,” said Daniel J. Shapiro, CEO of Fidelis. “AtmosClear showcases how proven technologies, paired with sustainable feedstocks like sugarcane bagasse and forest management materials, can deliver meaningful climate impact while providing quality jobs, economic development, and other community benefits. We are proud to build infrastructure in Baton Rouge, a place many of us at Fidelis have called home, that not only removes carbon from the atmosphere but also provides economic opportunity for Louisiana.”

“We are proud to work with Fidelis on this pathbreaking project, which will bring together science, engineering, and commercial innovations to offer a compelling model for carbon removal in the United States,” said Brian Marrs, Senior Director of Energy & Carbon Removal at Microsoft. “High-quality, durable carbon removal solutions from experienced developers like Fidelis are vital for Microsoft in progressing its goal to become Carbon Negative by 2030.”

About AtmosClear. AtmosClear is developing a carbon capture facility at the Port of Greater Baton Rouge in Louisiana. The plant will use sustainable materials like sugarcane bagasse and trimmings from prudent forest management to produce clean energy while capturing 680,000 metric tons of biogenic carbon dioxide per year for permanent storage or beneficial use, like as a feedstock for low-carbon natural gas or other synthetic fuels. Learn more at www.atmosclear.earth.

About Fidelis. Fidelis is an energy infrastructure company driving decarbonization through development and investments in biofuels, low- or negative-carbon intensity products, and carbon capture & storage companies. Fidelis employs a growing portfolio of proprietary, patented, and patent-pending technologies to address climate and energy security challenges. Headquartered in Houston, Texas, Fidelis also has an office in Copenhagen, Denmark. Learn more at www.fidelisinfra.com.

Media Contacts: [email protected]

AtmosClear Rendering

Cision View original content:https://www.prnewswire.com/apac/news-releases/fidelis-atmosclear-signs-agreement-with-microsoft-for-high-quality-carbon-removal-from-project-in-louisiana-302428357.html

SOURCE Fidelis New Energy, LLC

​ 

Previous Post

Lalamove Highlights how its “Logistics Triangle” Model Fosters Global Economic Development at 2025 World Internet Conference Asia-Pacific Summit

Next Post

Vantage Foundation Visits SOS Children’s Villages Portugal: Addressing Neglect and Breaking the Cycle

Next Post
Vantage Foundation Visits SOS Children’s Villages Portugal: Addressing Neglect and Breaking the Cycle

Vantage Foundation Visits SOS Children's Villages Portugal: Addressing Neglect and Breaking the Cycle

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • Blog
  • Bursa News
  • Corporate Interviews
  • Features Interviews
  • Financial & Investment Articles
  • Financial News
  • Government News
  • Investment News
  • Listing Companies News
  • Oversea Financial & Investment News
  • PR Newswire

BROWSE BY TOPICS

2018 League Balinese Culture Bali United Budget Travel business Champions League Chopper Bike Doctor Terawan industrial Istana Negara Malaysia Market Stories National Exam net zero emissions targets 2025 Renewable energy Visit Bali

Recent News

  • QCY H3 Pro Wins Red Dot Design Award 2025, Continuing a String of Global Design Accolades
  • Coway Announces Financial Results for Q1 FY2025
  • Coway Announces Financial Results for Q1 FY2025

Category

  • Blog
  • Bursa News
  • Corporate Interviews
  • Features Interviews
  • Financial & Investment Articles
  • Financial News
  • Government News
  • Investment News
  • Listing Companies News
  • Oversea Financial & Investment News
  • PR Newswire
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2024 Money Compass Media (M) Sdn Bhd. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Features Interviews
  • Government News
  • Financial News
  • Investment News
  • Listing Companies News
  • Corporate Interviews
  • Bursa News
  • Financial & Investment Articles
  • Oversea Financial & Investment News

Copyright © 2024 Money Compass Media (M) Sdn Bhd. All Rights Reserved