Cohere Capital Completes Strategic Growth Investment in CCS, a Leading Digital Brand and E-Commerce Retailer
Cohere Capital Completes Strategic Growth Investment in CCS, a Leading Digital Brand and E-Commerce Retailer
01/20/21, 11:24 AM
Location
Industry
oil and gas
energy
Cohere Capital, a Boston-based private equity firm focused on investing in leading tech-enabled middle market companies, announced that it has made a strategic growth investment in Portland, Oregon-based CCS. CCS is a leading direct-to-consumer digital brand and e-commerce retailer of streetwear and skateboard equipment. This investment will allow CCS to continue to invest in new technology-enabled product and service offerings and accelerate its growth and brand momentum.
Company Info
Location
norway
Additional Info
The company will transport liquefied CO2 from capture sites to an onshore receiving terminal in western Norway, before transporting it by pipeline for permanent storage in a reservoir 2,600 metres under the seabed. CCS provides a decarbonization solution to reduce climate emissions. CCS is key to decarbonize hard-to-abate industries in Europe CCS is a cost-efficient decarbonization solution that is compatible with existing European production infrastructure, especially in the case of ammonia and fertilizer production. CCS is an important part of the solution. CCS is a necessary climate solution to decarbonise industry and reduce or remove industrial CO2 emissions.