Jul 2020

Opus advises Carbon Clean Solutions on a second closing of its equity fund raise

Category: Deal Announcement

Opus has advised Carbon Clean Solutions (“CCSL”) on raising additional growth capital from two new investors: Equinor Ventures and ICOS Capital. They join WAVE Equity Partners, Chevron Technology Ventures, and Marubeni Corporation who invested in February. This brings the total raised in this Series B round to $22m.

CCSL is a global leader in low-cost carbon dioxide (CO2) separation technology. The investment will be used to grow the team, deliver pipeline projects and continue the development of containerised solutions to achieve $30/tonne cost of CO2 capture by 2021.

Stuart Schofield, John McElroy and Michael Mizon advised on the transaction, building further on Opus’ strong track record in the Sustainability sector.