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Synopsis
Svante, a carbon capture and removal solutions provider, completed the acquisition of Carbon Alpha, a Canadian carbon dioxide removal company, specializing in the design, development, and operation of BECCS projects. Financial terms were not disclosed. This transaction strengthens Svante’s expertise in geological CO2 storage as part of a fully integrated carbon management company ready to build, own, and operate all elements of the CCS value chain from source to sink. Svante’s combined offering now includes a portfolio of engineering solutions for carbon capture and removal across various market segments and a major CO2 storage hub asset in Western Canada.
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