Rayonier (RYN) “announced that it has entered into an underground pore space easement agreement with an affiliate of Reliant Carbon Capture & Storage covering approximately 104,000 acres in Alabama. Reliant specializes in capturing CO2 emissions from power plants and industrial facilities and safely sequestering this CO2 in subsurface geologic formations. Along with this significant pore space agreement, Reliant is currently completing a front-end engineering design report for a power generating station in the area.”
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RYN:
- Rayonier price target lowered to $33 from $35 at RBC Capital
- Ex-Dividend Date Nearing for These 10 Stocks – Week of December 16, 2024
- Rayonier Declares Special Dividend Amidst Timberland Sales
- Rayonier announces new $300M share repurchase authorization
- Rayonier announces $1.80 per share special dividend