Summit Carbon Solutions Announces Successful Completion Of $1+ Billion Equity Raise Following $300 Million Investment From Tpg Rise Climate

Today, Summit Carbon Solutions ("Summit"), developer of the world's largest carbon capture and storage project, which will capture and permanently store up to 20 million tons per year of carbon dioxide from dozens of ethanol and other industrial facilities across the Midwestern United States, is pleased to announce the successful completion of its equity fundraising efforts, which have resulted in over $1 billion in total equity commitments.