Carbon Capture
• Navigator CO2 Ventures LLC — development of an industrial scale carbon capture pipeline system of more than 1,200 miles of new carbon dioxide gathering and transportation pipelines across five Midwest states and a CO2 storage facility
• Talos Low Carbon Solutions LLC — development of the Gulf Coast carbon capture and storage projects along the US Gulf Coast and Texas state waters in the Gulf of Mexico , including the project offshore Jefferson County , Texas with a lease from the Texas General Land Office as well as Freeport and the Port of Corpus projects
• Talos Low Carbon Solutions LLC — lease of a Jefferson County , Texas carbon storage site located near Beaumont and Port Arthur , Texas and development of over 40,000 gross acres located offshore in Texas state waters in the Gulf of Mexico for carbon sequestration . Bracewell ’ s engagement includes advice with respect to lease negotiations , land rights , Code section 45Q credits , environmental credits and corporate advice with respect to its joint venture with a carbon capture and storage project development and finance company .
• Gulf Coast Sequestration — development of a carbon capture and storage facility capable of storing up to four million metric tons of carbon dioxide per year for at least 30 years with what is expected to be the first Class VI UIC permit granted for purposes of qualification for credits under Code section 45Q following the expansion of Code section 45Q under the Bipartisan Budget Act of 2018 . Bracewell ’ s engagement includes strategic and regulatory advice regarding the Class VI UIC permit application submitted to EPA in fall of 2020 and over three years of regulatory advocacy with respect to the project with EPA .
• Storegga Geotechnologies — acquisition of Pale Blue Dot Energy , the lead developer of the Acorn Carbon Capture and Storage Project at the St Fergus Gas Terminal in the UK
• Storegga Geotechnologies Ltd — foundation equity financing with Macquarie and subsequent equity financings with GIC , Mitsui , Macquarie , M & G and SNAM
• Harvest Midstream — $ 1.125 billion acquisition from Williams Partners of assets in the Four Corners area , including a CO2 treating facility
• Hilcorp Energy — hybrid upstream and midstream joint venture to utilize CO2 captured at the Petra Nova coal power facility owned by NRG
• Sysco Corporation — $ 1 billion offering of sustainability bonds to fund renewable energy , energy efficiency , clean transportation and waste reduction projects
• International chemical company — government policy representation in connection with CCUS development
• International chemicals and industrial gas company — policy advice in conjunction with a major initiative to develop carbon capture assets and tax and corporate advice on an option to purchase a carbon capture and storage facility
• International LNG company — policy advice in conjunction with a major initiative to develop carbon capture assets as well as tax and environmental advice with respect to public emissions reporting
• Interstate pipeline company — development of a facility to capture and store carbon dioxide from gas processing facilities in west Texas . Bracewell ’ s engagement includes environmental , real estate and corporate advice with respect to the project . bracewell . com