BRIEF-Svante & MLTC Partnership Agrees To Sell Microsoft 626,000 Tonnes Of Carbon Removal Credits

Reuters04-07
BRIEF-Svante & MLTC Partnership Agrees To Sell Microsoft 626,000 Tonnes Of Carbon Removal Credits

April 6 (Reuters) - Svante Technologies Inc.:

  • SVANTE & MEADOW LAKE TRIBAL COUNCIL PARTNERSHIP AGREES TO SELL MICROSOFT 626,000 TONNES OF CARBON REMOVAL CREDITS

  • SVANTE TECHNOLOGIES: PROJECT BEING DEVELOPED THROUGH PARTNERSHIP BETWEEN MLTC & CO, TO BE CO-LOCATED AT MLTC BIOENERGY CENTRE IN MEADOW LAKE

  • SVANTE TECHNOLOGIES: AS PART OF PROJECT, NEW CARBON CAPTURE PLANT WILL BE ESTABLISHED AT MLTC BIOENERGY CENTRE

  • SVANTE TECHNOLOGIES: TO PROVIDE ALL FUNDING REQUIRED UNTIL DECISION MADE TO START CONSTRUCTION; COMMERCIAL OPERATION PLANNED FOR EARLY 2029

Source text: ID:nBw81WTfha

Further company coverage: MSFT.O

((Reuters.Briefs@thomsonreuters.com;))

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