Americas > BlackRock invests $550 mln in world’s largest DAC plant, forms JV with owner Occidental

BlackRock invests $550 mln in world’s largest DAC plant, forms JV with owner Occidental

Published 00:07 on November 8, 2023  /  Last updated at 00:07 on November 8, 2023  /  Americas, US, Voluntary

BlackRock and US-based energy firm Occidental have teamed up to develop the world's largest direct air capture (DAC) facility, with the global investment giant channelling $550 million of client funds into the project.
BlackRock and US-based energy firm Occidental have teamed up to develop the world's largest direct air capture (DAC) facility, with the global investment giant channelling $550 million of client funds into the project.


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