Caterpillar (CAT) Acquires CarbonPoint Solutions
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Caterpillar Acquires CarbonPoint Solutions
September 10, 2021 9:00 AM EDTDEERFIELD, Ill., Sept. 10, 2021 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) has acquired Enhanced Energy Group, Inc. operating as "CarbonPoint Solutions," a U.S.-based carbon capture technology company. Headquartered in Rhode Island, CarbonPoint Solutions provides technology to concentrate and capture CO2 for utilization or sequestration.
Carbon capture systems using CarbonPoint Solutions' patented processes can be applied to engines and turbines at oil and gas sites, distributed power and industrial plants and waste-to-energy sites.
"Combining CarbonPoint Solutions' patented technology with Caterpillar Oil & Gas solutions enables us to further reduce greenhouse gas emissions... More
