Announced
Completed
Financials
Tags
Minority
Private
Single Bidder
Friendly
Completed
United Kingdom
Environmental Consulting
Cross Border
Private Equity
carbon reduction
Acquisition
Synopsis
GIC Private, Mitsui and Macquarie Group completed an investment in Storegga Geotechnologies, an independent UK company pioneering carbon reduction and removal. Financial terms were not disclosed. "The UK is emerging as a world-leader in CCS and its associated low carbon technologies; today’s investment by these partners strengthens our ability to build a world class CCS project and help the UK to pioneer this rapidly growing sector," Nick Cooper, Storegga CEO.
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