STRATOS DAC facility — 250,000 tons CO2 removal credits over 10 years (from 500,000 tpa STRATOS facility, Ector County, Texas)
Amazon's first carbon removal credit deal. 250,000 metric tons CO2 over 10 years from 1PointFive's STRATOS DAC plant in Texas (largest DAC facility globally, 500,000 tpa capacity). Captured CO2 stored in saline reservoirs not associated with oil/gas production. STRATOS expected operational 2025.
Undisclosed (10-year agreement)
Deal Value
Carbon Capture & DAC
Technology
TX
Location
Deal Details
- Deal Type
- Power Purchase & Offtake
- Seller / Sponsor
- 1PointFive (Occidental subsidiary)
- Buyer / Financier
- Amazon
- Offtaker
- Amazon
- Deal Value
- Undisclosed (10-year agreement)
- Stage
- Construction
- ISO/RTO
- ERCOT
- Source
- Amazon
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