You are viewing a limited version of this profile. To access i3's full capabilities.
OnStreamCO2
Save
Company logo (jpg or png)
Parent company

Short description

A joint venture for carbon storage projects, including geologic storage, across the Louisiana southern coast by Castex, Carbonvert, and Enbridge

Founded in 2023
Founded in

Company type Acquired Public ()
Company type

Industry Group materials & chemicals

Sector carbon capture usage & storage (ccus)

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters United States United States
Address
City
State
Zip
Country

Parent Companies

Updated by Cleantech Group on 12/18/2024

Traction
  • 1 M&A items
tags
Similar companies
Customers
Save
Date Company
Partnerships
Save
Date Partner Type
11/18/2024
Enbridge Enbridge
Enbridge has agreed to act as OnStream's preferred CO2 transportation provider. Adding Enbridge's extensive transportation project and operational expertise to the joint venture strengthens OnStream's ability to deliver currently planned and future CO2 projects across Southern Louisiana.
View source    
Confirmed by Enbridge
Technology Partner
Investment Rounds
Save

IPO INFORMATION

Date

IPO status

IPO Type

Amount

Initial shares

Ticker symbol

Exchange listed

Prospectus URL

Prospectus

Source URL

Source

Description

Date Investors Type Amount
11/18/2024 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
Funding provided by the CarbonSAFE Phase III will be used to advance OnStream's development of the GeoDura CO2 Storage Hub, which will be able to safely store more than 250 million metric tons of CO2 in an area offshore of Cameron Parish.
Grant $26,000,000
Click to add IPO information
Products
Save
Product image Name Product status Revenue model Cost metrics
You are viewing a limited version of this profile. To access i3's full capabilities.
Back to top

Preload svg text font