Carbon capture firm Vateris locks in €50m in offtake agreements

Vateris, a carbon capture technology group, has announced €50m in offtake deals, according to BusinessGreen. Offtake agreements lock in future revenue from the captured CO2 or the capture service itself, which is a critical step for carbon capture projects trying to secure financing. The deals give Vateris a commercial anchor, but the broader impact depends on where the CO2 ends up, whether in permanent storage or industrial use. For anyone following low-carbon industrial projects, this is a useful sign that buyers are starting to commit to carbon capture services.