CO2 Management > Engineered Removals > Canadian CDR developer secures C$11 mln in financing for Alberta DAC facility

Canadian CDR developer secures C$11 mln in financing for Alberta DAC facility

Published 17:44 on September 16, 2025 / Last updated at 17:44 on September 16, 2025 / / Americas (US & Canada), CO2 Management (Engineered Removals)

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A Montreal-based carbon removal (CDR) developer has closed an C$11 million ($8 mln) credit facility with private lender to finance its flagship direct air capture (DAC) project in Alberta, the companies said on Tuesday.
A Montreal-based carbon removal (CDR) developer has closed an C$11 million ($8 mln) credit facility with private lender to finance its flagship direct air capture (DAC) project in Alberta, the companies said on Tuesday.


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