Tiger Infrastructure Partners invests in Summit Carbon Solutions
Summary
Summits pipeline infrastructure and sequestration sites in North Dakota will have the capacity to permanently sequester up to 20 million tons of carbon dioxide annually. "We discussed the concept of Summit Carbon Solutions with Tiger before we had a single ethanol plant committed to the platform, and as a founding investor, Tigers insights and broad knowledge across the infrastructure space have helped advance the project in countless ways. "Developing the worlds largest carbon capture and sequestration project is an ambitious endeavor, but that type of ambition is necessary to address climate change in a meaningful way, and we look forward to working with Summit to make the project a success for all its stakeholders." It has been a great pleasure from the beginning to see this project take shape, and we are confident in Summits ability to execute with the world class management team it has assembled. Summit Carbon Solutions will make a substantial and tangible impact our nations carbon footprint and Tiger is excited to play a key role in its success," said Marc Blair, managing director of Tiger Infrastructure Partners.