Chart Industries announces expansion of MOU with Wolf Midstream affiliate

Chart Industries announced the expansion of their existing Memorandum of Understanding with Wolf Carbon Solutions.. Wolf is an affiliate of Wolf Midstream, a $4 billion multi-asset energy infrastructure organization based in Calgary, Alberta. Through the cooperation agreement, both companies will jointly identify, develop, pursue, and execute projects using Chart’s Sustainable Energy Solutions Cryogenic Carbon Capture technology at mutually agreed upon host sites located along Wolf’s recently announced Mt. Simon Hub carbon pipeline system. The proposed Mt. Simon Hub will run from Cedar Rapids, Iowa, to central Illinois. Carbon that would otherwise be emitted into the atmosphere will be captured via Chart CCC technology and transported, stored, and permanently sequestered in the proposed Mt. Simon Hub carbon capture, transport, and sequestration system. "Chart is a proven leader in cryogenic technologies," stated Nick Noppinger, Senior VP of Corporate Development. "Capture tech is an evolving industry that is critical to global decarbonization efforts, and Chart is at the forefront with its cryogenic carbon capture technology. Wolf looks forward to leveraging Chart’s technology and experience to expand the Mt Simon Hub and develop additional carbon infrastructure opportunities across the U.S."