CPPIB to invest up to $305 mln in construction of CO2 pipeline
Enhance Energy Inc and Wolf Carbon Solutions Inc, an affiliate of Calgary-based energy infrastructure company Wolf Midstream Inc, have agreed to partner in the construction and operation of Alberta Carbon Trunk Line (ACTL). ACTL is a 240-kilometre pipeline that will collect carbon dioxide from Alberta industrial emitters and transport it to aging reservoirs for secure storage and enhanced oil recovery projects. Wolf will construct, own and operate the CO2 capture and pipeline transportation assets. ACTL's construction will be funded in part through an investment of up to $305 million by Canada Pension Plan Investment Board (CPPIB).
3 August 2018•4 mins read
