Azure Announces Plans to Develop an SAF Production Facility in Kansas

Azure 2023 Inc., a leading developer in the sustainable aviation fuel industry, today announces its planned development of an SAF production facility in Cherryvale, Kansas. Azure's goal of producing SAF with the lowest emissions is further supported through an executed letter of intent with CapturePoint Solutions to explore the opportunity to tie-in to its existing and operating carbon dioxide (CO2) sequestration network and infrastructure.

CapturePoint Secures Dedication of CO2 For CENLA Hub from Southwestern Energy Company

CapturePoint LLC (together with its affiliates, “CapturePoint”) announced today that a subsidiary of Southwestern Energy Company (“Southwestern”) (NYSE: SWN) has agreed with its midstream provider, Energy Transfer LP (NYSE: ET), to dedicate CO2 from its Haynesville natural gas processing to sequestration deep underground in CapturePoint’s Central Louisiana Regional Carbon Storage Hub (“CENLA Hub”). The CENLA Hub, under development by CapturePoint affiliate CapturePoint Solutions LLC, will permanently store captured CO2 in suitable geologic formations in Rapides and Vernon Parishes.

CapturePoint Solutions Co-Sponsors Vernon Parish School Board Initiative to Create Career Training and Job Opportunities for Local High School Students

CapturePoint Solutions LLC signed a Memorandum of Understanding in a local ceremony with the Vernon Parish School District and the United Association of Journeyman and Apprentices of the Plumbing and Pipe Fitting Industry of the United States and Canada and key local affiliates to formally launch the Vernon Parish School Board “Capturing Better Futures” Initiative. The project will create a Career and Technical Education (CTE) pathway with training in specialized trade skills for jobs in the pipeline, plumbing and steamfitting industries. The training program will be open to students from all 9 high schools in Vernon Parish, Louisiana, with the first 30 students (15 juniors and 15 seniors) beginning classes as the new school year starts on August 21, 2023.

White House CEQ Announces CapturePoint VP Sherry Tucker appointed to Carbon Dioxide Capture, Utilization, and Sequestration Federal Lands and Outer Continental Shelf Permitting Task Force

The White House Council on Environmental Quality (CEQ) today announced members of two new task forces that will provide input to inform the responsible development of Carbon Capture, Utilization, and Sequestration (CCUS). Sherry Tucker, CapturePoint's Vice President of Communications, Community Engagement and Government Relations, was appointed to the task force that will make recommendations for permitting on federal lands and the outer continental shelf, with the goals of encouraging capture and safe, permanent storage of CO2 emissions and ensuring that local communities benefit.

CapturePoint Announces Intent to Proceed With Central Louisiana Carbon Capture and Sequestration Infrastructure Investments

CapturePoint LLC announced today that the company has made a final investment decision to proceed with carbon capture and storage infrastructure investments in the Central Louisiana Regional Carbon Storage Hub (“CENLA Hub”).

CVR Partners and CapturePoint Close Section 45Q Tax Credit Transaction

CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate solution fertilizer products, and CapturePoint LLC announced today that CapturePoint and CVR Partners’ subsidiary, Coffeyville Resources Nitrogen Fertilizers, LLC (“CRNF”), have entered into a series of agreements with certain unaffiliated third-party investors and certain of their respective affiliates intended to qualify under the Internal Revenue Service safe harbor described in Revenue Procedure 2020-12 for certain joint ventures that are eligible to claim Section 45Q Credits.