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deal · 12 September 2023
Amazon ↔ 1PointFive
Amazon: a firm purchase of 250,000 t of direct air capture removal from 1PointFive.
BuyerAmazon
Supplier1PointFive
Tonnes250,000 t
Capture pathwayDirect air capture
Storage mediumgeological
Durabilitydurable, 1,000 years or more
Durability basisseed-curated
Commitment typefirm
JurisdictionUnited States
Deal structureofftake
Source pathway descriptionDirect air capture (STRATOS plant)
Delivery window10 years
Project locationEctor County, Texas, USA (STRATOS)
NotesSaline aquifer storage. Related but excluded 1PointFive corporate sales: Airbus 400,000 t was announced 2022-03-17 (outside the 2023-2026 window); AT&T (2024-03-13), TD Bank, ANA deals had undisclosed or sub-threshold tonnages.
Confidencehigh
Stated jurisdictionUS
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