Investment giant BlackRock and energy major Occidental (Oxy) announced today a new partnership which will see BlackRock invest $550 million on behalf of clients in STRATOS, set to become the world’s largest Direct Air Capture (DAC) facility, currently under construction by Oxy’s carbon capture-focused subsidiary 1PointFive. Under the new agreement, BlackRock, through a fund managed … Continue reading BlackRock Invests $550 Million in World’s Largest DAC Carbon Capture Project
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BlackRock Invests $550 Million in World’s Largest DAC Carbon Capture Project
Investment giant BlackRock and energy major Occidental (Oxy) announced today a new partnership which will see BlackRock invest $550 million on behalf of clients in STRATOS, set to become the world’s largest Direct Air Capture (DAC) facility, currently under construction by Oxy’s carbon capture-focused subsidiary 1PointFive. Under the new agreement, BlackRock, through a fund managed … Continue reading BlackRock Invests $550 Million in World’s Largest DAC Carbon Capture Project