Cohere Capital Completes Strategic Growth Investment in CCS, a Leading Digital Brand and E-Commerce Retailer

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The company will transport liquefied CO2 from capture sites to an onshore receiving terminal in western Norway, before transporting it by pipeline for permanent storage in a reservoir 2,600 metres under the seabed. CCS provides a decarbonization solution to reduce climate emissions. CCS is key to decarbonize hard-to-abate industries in Europe CCS is a cost-efficient decarbonization solution that is compatible with existing European production infrastructure, especially in the case of ammonia and fertilizer production. CCS is an important part of the solution. CCS is a necessary climate solution to decarbonise industry and reduce or remove industrial CO2 emissions.