Tiger investment takes Summit Carbon Solutions fundraising to more than $600M

In Iowa, Summit Carbon Solutions announced an additional investment from Tiger Infrastructure Partners, an original founding investor of Summit Carbon Solutions and a member of its Board of Directors, bringing Tiger’s total commitment to the company to $100 million.

Including the commitment from Tiger Infrastructure Partners and the recently announced $250 million commitment from Continental Resources, Inc., Summit has secured over $600 million of equity for its project.

Tiger has been an investor in Summit Carbon Solutions from the very beginning, and we are thrilled with their further commitment to this transformational project,” said Bruce Rastetter, CEO of Summit Agricultural Group. “We are fortunate to have known the Tiger team for decades, and through our partnership with them in FS, our Brazilian bioethanol production company, Tiger has demonstrated the ability to bring tremendous value as an investor and as an advisor.”

“We discussed the concept of Summit Carbon Solutions with Tiger before we had a single ethanol plant committed to the platform, and as a founding investor, Tiger’s insights and broad knowledge across the infrastructure space have helped advance the project in countless ways. They understand this opportunity as well as anyone, and the additional commitment is a great vote of confidence in Summit Carbon Solutions,” said Justin Kirchhoff, President of Summit Ag Investors.