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Summit Carbon Solutions

About

Summit Carbon Solutions seeks to lower greenhouse gas emissions by connecting industrial facilities via strategic infrastructure to store CO₂ safely and permanently in the Midwestern U.S. For more information, visit: www.summitcarbonsolutions.com.

Editor's note: Updated March 1, 2022.

Headquarters Address

2321 North Loop Drive #221
Ames, IA 50010
United States

Main Phone Number

New Financings

Report Date Type Amount (MM) Description
2022-04-05 Summit Carbon Solutions Equity $100.00

Secured an additional investment from Tiger Infrastructure Partners, an original founding investor and…

Report Date Type Amount (MM) Description
2022-03-02 Summit Carbon Solutions Equity $250.00

Announced a strategic investment from Continental Resources Inc., committed over the next two years, to…

2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

This content is locked until you subscribe

2100-05-23 Transaction $888.88

This content is locked until you subscribe

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News

Iowa Board Approves Segment of $5.5B CO2 Transport Pipeline

Summit Carbon Solutions still needs approval from four other states for its CO2 transport pipeline.

Summit Carbon Solutions, POET Partner on CCS Project

The partnership will incorporate POET’s 12 facilities in Iowa and five facilities in South Dakota into Summit’s carbon capture and storage project.

Carbon Pipeline Faces Test in Iowa as Opponents Challenge Permitting Timeline

The permit hearing to determine if Summit Carbon Solutions can obtain a carbon pipeline permit will begin in August.

SUPER DUG: Why Carbon Capture Remains Up in the Air

Permitting sites, pipelines and getting projects profitable remain conundrums as CCUS projects work to cross the finish line.

SUPER DUG: Summit Carbon Solutions' Risky Approach to Midwest Carbon Express CCS Project

Summit Carbon Solutions' COO James Powell sat down with Hart Energy's Jennifer Pallanich at SUPER DUG to discuss the current status of the Midwest Carbon Express pipeline project and his company's high risk, high reward approach. 

Summit Says Carbon Pipeline Project Has Secured 20% of Iowa Route

Summit’s project, backed by Continental Resources, is meant to capture millions of tons of CO₂ from 32 Midwest ethanol plants and pipe it nearly 2,000 miles to an underground storage site in North Dakota.

Continental-backed Carbon Capture Project Secures $100 Million Investment

Combined with the investment from Continental Resources, Summit Carbon Solutions now has over $600 million of equity commitment for its proposed carbon capture and storage project in the Williston Basin.

Inside Continental Resources’ $250 Million Foray into Carbon Capture

The Williston Basin has the ideal properties for long-term carbon storage, Continental Resources Founder Harold Hamm told Hart Energy at an event in Fargo, N.D. announcing the shale producer’s first carbon capture project.

Continental Resources Enters Carbon Capture Space with $250 Million Investment

Continental Resources agreed to commit $250 million to Summit Carbon Solutions as part of a strategic investment in the construction of the largest carbon capture and sequestration project of its kind in the world.