Svante Acquires Carbon Alpha: BECCS Meets First Nations Partnership
Svante Technologies just acquired Carbon Alpha, picking up a BECCS project, a CO₂ pipeline, and a geological storage hub in Western Canada. The deal also brings something rarer: a genuine co-ownership partnership with the Meadow Lake Tribal Council (MLTC), which represents nine First Nations in Saskatchewan. The North Star Project Carbon Alpha’s flagship project installs carbon capture at the existing MLTC Bioenergy Centre, which generates renewable heat and electricity by burning sustainable biomass from a neighbouring sawmill. Phase 1 targets 140,000 tonnes of CO₂ capture per year from the biogenic flue gas. ...