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FinancingClosedNovember 8, 2023

STRATOS DAC plant — 500,000 tons/year CO2 capture, Ector County, Texas (~$1.3B total project)

BlackRock Diversified Infrastructure invests $550M for ~50% JV stake in STRATOS — world's largest DAC facility under construction. Total project cost $1.3B+. Construction ~30% complete at time of close. CDR credits already pre-sold to Amazon, Airbus, ANA, TD Bank Group, Houston Astros, Houston Texans. EPA Class VI permits secured April 2025. Operational 2025.

$550M

Deal Value

Carbon Capture & DAC

Technology

TX

Location

Deal Details

Deal Type
Strategic & Growth Capital
Deal Value
$550M
Stage
Construction
ISO/RTO
ERCOT

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