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CO280 Solutions Secures $90M Carbon Removal Contracts

5/21/2025

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Summary

Story summary

CO280 Solutions Inc. of Vancouver secured a 13-year contract with JPMorgan Chase for 450,000 tonnes of carbon dioxide removal (CDR) from a U.S. pulp mill.
This agreement, valued at up to US$90 million, commences in 2029 when the capture plant becomes operational.
Additionally, CO280 has partnered with Microsoft for 3.7 million tonnes of CDR over 12 years, anticipated by late 2028.

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Story summary

CO280 Solutions Inc. of Vancouver secured a 13-year contract with JPMorgan Chase for 450,000 tonnes of carbon dioxide removal (CDR) from a U.S. pulp mill.
This agreement, valued at up to US$90 million, commences in 2029 when the capture plant becomes operational.
Additionally, CO280 has partnered with Microsoft for 3.7 million tonnes of CDR over 12 years, anticipated by late 2028.