Winston Represents POET, LLC in CCS Agreement with Summit Carbon Solutions

Represented POET, LLC in connection with a groundbreaking partnership with Summit Carbon Solutions connecting the world’s largest biofuel producer with the world’s largest carbon capture and storage project. The partnership strategically expands the carbon opportunity across the Midwest by incorporating POET’s 12 facilities in Iowa and five facilities in South Dakota into the Summit project. This addition will facilitate the capture, transportation, and permanent storage of 4.7 million metric tons of CO2 annually from the 17 POET bioprocessing plants. The deal was signed on January 29, 2024.