Carbon Sink, CACF sign MOU to explore three new eMethanol projects

June 20, 2022 |

In Maryland, Carbon Sink has signed a Memorandum of Understanding with Cube Zero Carbon Fund Sàrl to facilitate financing for the development, construction, ownership, and operation of as many as three commercial facilities for the production and sale of eMethanol. 

eMethanol made with the Carbon Sink platform is molecularly identical to methanol produced from fossil fuels but utilizes captured carbon dioxide and green hydrogen as its feedstocks. When powered by renewable energy, the process results in carbon-neutral eMethanol. eMethanol will be vital for the decarbonization of industries such as maritime shipping and materials production. eMethanol is also a cost-effective hydrogen carrier that can easily be transported to high-value markets then processed to unlock the hydrogen for use as a low-carbon fuel for vehicles, power production or industrial processes.

CZCF is an affiliate of Cube Infrastructure Managers (Cube IM), an independent Luxembourgian management company focusing on investments in the European and North American infrastructure space. CZCF has a dual objective which consists in contributing to reducing carbon emission in the atmosphere whilst delivering economic and social progress, and achieving an attractive return for Investors. The fund aims to invest with an environmentally- and socially-responsible investment approach, that is geared towards sustainable business values. 

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Category: Fuels

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