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Announced

EnCap Flatrock Midstream to invest $350m in Elysian Carbon Management.

Synopsis

EnCap Flatrock Midstream, which provides value-added growth capital to proven management teams, agreed to invest $350m in Elysian Carbon Management, a carbon management company. "Elysian is at the forefront of developing projects necessary to support carbon reduction goals across North America. Few independent teams in this nascent sector have a comparable depth and breadth of the technical, financial and operational experience needed to bring CCS projects to fruition," David J. Kurtz, EFM Managing Partner.

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