Feb 2020

Opus advises Carbon Clean Solutions on its equity fund raise

Category: Deal Announcement

Opus has advised Carbon Clean Solutions (“CCSL”) on raising $16m of growth capital from three global investors: WAVE Equity Partners, Chevron Technology Ventures, and Marubeni Corporation.

CCSL is a global leader in low-cost carbon dioxide (CO2) separation technology.  The investment will be used to deliver an existing pipeline of global projects to lower emissions from industry. CCSL will also invest in 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. Other recent transactions include advising the shareholders of Breathe Energy on its sale to EDF’s Imtech, AgilityEco’s partnership with Bridges, and the sale of ChargePoint Services to Engie.