CapturePoint's CENLA Hub to Store CO2 From Two Heirloom Direct Air Capture Plants Near Shreveport, Louisiana

Heirloom, a pioneer in Direct Air Capture (DAC) of CO2 and operator of the first US commercial DAC facility, announced today the intent to build two new DAC plants in the Port of Caddo-Bossier near Shreveport, Louisiana. CapturePoint will partner with Heirloom to take the captured CO2 from both plants and transport it for permanent deep underground storage at CapturePoint's Central Louisiana Regional Carbon Storage Hub (CENLA Hub). When both NW Louisiana DAC facilities are complete, Heirloom expects to capture 320,000 metric tons of CO2 annually. 

CapturePoint and Energy Transfer Expand Carbon Capture Plans in Louisiana

CapturePoint and a subsidiary of Energy Transfer LP (NYSE: ET) announced today that they have signed a revised Letter of Intent and finalized a CO2 Offtake Agreement that will expand their collaboration on carbon capture and deep underground storage in Louisiana. Today's agreements formally dedicate the CO2 from Energy Transfer's Haynesville natural gas treating facilities to the CENLA Hub; provide Energy Transfer the right to participate in a joint venture that will own and operate the CENLA Hub; and create a framework for working together to capture and store carbon dioxide from other Energy Transfer facilities in Louisiana.

Bia Energy Announces CapturePoint's CENLA Hub Will Store CO2 For Low-Carbon Blue Methanol Project

Bia Energy Operating Company today announced that CO2 to be captured at their Low-Carbon Blue Methanol Project in the Port of Caddo-Bossier near Shreveport, Louisiana will be transported by CapturePoint for permanent sequestration in CapturePoint Solution’s CENLA Hub deep underground carbon storage sites. When the project is fully operational, up to 250,000 metric tons of CO2 could be stored annually.

CapturePoint Closes 45Q Direct Transfer Tax Credit Transaction Associated with the Arkalon CO2 Capture Facility in Kansas

CapturePoint LLC announced today that it has closed on a private Section 45Q direct transfer tax credit transaction for carbon dioxide (CO2) captured at the company’s Arkalon facility near Liberal, Kansas and utilized for Carbon Dioxide Enhanced Oil Recovery (CO2-EOR) operations in the panhandles of Oklahoma and Texas. The CapturePoint Arkalon CO2 capture facility has the capacity to capture 250,000 metric tons of CO2 annually from nearby bio-ethanol production.

See a video featuring the “Capturing Better Futures” Initiative!

Today, the Carbon Action Alliance released a documentary about the “Capturing Better Futures” Initiative. A proactive economic and environmental community engagement project sponsored by CapturePoint Solutions, the Vernon Parish School Board and the United Association of Plumbers and Pipefitters, the initiative is creating a career pathways training program for high school students in Vernon Parish, Louisiana.

CapturePoint Comments on Proposed Forest Service Rule Changes to Allow Deep Underground Pore Space Permits

On behalf of CapturePoint, CEO Tracy Evans submitted public comments to the Forest Service supporting proposals to change their rules to allow consideration of permit applications for deep underground pore space to be used for CO2 storage (RIN 0596-AD55). The rule changes will bring the Forest Service into alignment with the governing US law, Congressional and Administration intents, and other federal land-holding agencies. The CapturePoint comments included extensive recommendations for effectively and responsibly evaluating permit applications once they can be accepted by the Forest Service.