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8 Rivers Secures $100M Investment From Sk Group And Establishes Asian Joint Venture With Sk Group To Accelerate Global Decarbonization

Mar 08, 2022•over 3 years ago

Amount Raised

$100 Million

Houston

Description

8 Rivers Capital, LLC announced a USD$100 million investment from SK Group, along with the establishment of an 8 Rivers-SK joint venture to focus on decarbonization of Korean and key Asian markets. This investment establishes 8 Rivers as the premier Net Zero solutions company globally for industrial decarbonization, offering innovative solutions that are deployment-ready today and will help drive global decarbonization through 2050. This represents one of the largest single private investments in a carbon capture solutions provider to date, and was announced at S&P Global's CERA Week by IHS Markit

Company Information

Company

8 Rivers Capital

Location

Houston, Texas, United States

About

8 Rivers Capital, LLC is a Durham, NC-based firm founded in 2008 which is leading the invention and commercialization of sustainable, infrastructure-scale technologies for the global energy transition as the premier net zero solutions company for industrial decarbonization. 8 Rivers is developing and deploying technologies for clean hydrogen and ammonia (8RH2), transformative zero-emissions power cycles (Allam-Fetvedt Cycle) direct air capture (Calcite), retrofit carbon capture (Carbon8), sour gas sweetening (TarT), clean ethylene (Codox), and other advanced clean energy systems. www.8Rivers.com.

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