🚨 Mega CDR Deal Alert! 🚨 AtmosClear<>Microsoft

🚨 Mega CDR Deal Alert for 6.75M tonnes! 🚨

🤝 AtmosClear, a portfolio company of Fidelis, has signed an agreement with Microsoft for 6.75 million tonnes of CDR, making it the single-largest durable carbon removal deal in record.

🚚 The tonnes will be removed over 15 years from AtmosClear's BECCS facility in Port of Greater Baton Rouge in Louisiana.

💸 Fidelis estimates that the project will result in over $800 million of investment and approximately 75 permanent and 600 construction jobs, while supporting a significant revival of forestry management jobs impacted by mill closures in the area.

📊 This deal constitutes ~36% of the total tonnes contracted by Microsoft so far.

🚀 Microsoft's contracted volume of durable CDR purchases has now crossed 18.6 million tonnes.

🆕 This is AtmosClear’s first deal tracked on CDR.fyi, and it takes them to the top of CDR.fyi Suppliers Leaderboard

🔝 Microsoft further secures its top position on the CDR.fyi Purchasers Leaderboard.

⬆ This deal alone accounts for more than the total tonnes contracted in 2022 and 2023 (5.09M).

✨ Microsoft has announced deals worth 10,447,000 tonnes in the last 12 days.

🌿 BECCS contracts now account for 47.24% of the total ~24M tonnes of durable sold to date.

🔗 CLICK HERE to read the full announcement.

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