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Can’t-miss Houston energy event: CCS/Decarbonization Project Development, Finance & Investment Summit

A two-day summit focused on decarbonization project development is in Houston this week. Photo via Getty Images

Calling all investors, emitters and developers in the decarbonization space.

When: Monday, July 24, from 8 am to 6:30 pm, and Tuesday, July 25, from 8 am to 3 pm

Where: Hilton Houston Post Oak by the Galleria (2001 Post Oak Blvd)

Price: $1,995 for full summit access

Who: Professionals within project development, emitters, providers of tax equity, development capital, and cash equity in the energy industry

Learn more and register.

Infocast’s CCS/Decarbonization Project Development, Finance & Investment Summit will bring together project developers, emitters, providers of tax equity, development capital and cash equity to explain the latest developments, showcase critical market information, and provide an “inside view” from the perspectives of all the players in these deals.

What to expect from the summit:

  • Learn how your project can take maximum advantage of ALL available federal and state programs and incentives – including those in the IRA And IIJA
  • Get detailed business case information on the latest Direct Air Capture and emissions capture decarbonization projects
  • Hear from emitters on their needs and what they are looking for in CCS/decarbonization projects
  • Understand the critical elements in structuring these projects to attract tax equity, development capital and cash equity financing
  • Receive a detailed briefing from tax equity, cash equity and development capital providers on how they will assess potential investments in this brand-new asset class

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A View From HETI

Four energy companies are putting their money where their mouths are following Hurricane Beryl. Photo by Brandon Bell/Getty Images

Four major energy companies in the Houston area have chipped in more than $400,000 to support relief efforts for Hurricane Beryl in Southeast Texas. Nationwide, it’s estimated that the storm caused at least $28 billion in damage and economic losses.

Here’s a breakdown of contributions announced by the four energy companies.

Baker Hughes Foundation

The Baker Hughes Foundation, the philanthropic arm of Houston-based energy technology company Baker Hughes, gave a $75,000 grant to the Houston chapter of the American Red Cross for Hurricane Beryl relief efforts.

“We understand recovery and rebuilding can take weeks or months, and we support the American Red Cross’ mission of providing people with clean water, safe shelter, and food when they need them most,” says Lorenzo Simonelli, chairman and CEO of Baker Hughes.

CenterPoint Energy

Houston-based CenterPoint Energy, which at one point had more than 2 million customers without power due to Hurricane Beryl, says its foundation has donated to several disaster relief organizations in the region. These include the American Red Cross of Coastal Bend, Catholic Charities of the Archdiocese of Galveston-Houston, Combined Arms, and the 4B Disaster Response Network in Brazoria and Galveston counties.

As of July 11, the company had also provided:

  • More than 30,000 bottles of water to cooling centers and distribution centers in the Houston area.
  • Meals to local first responders.
  • Mobile power generation at cooling centers, hospitals, senior living centers, and water treatment plants.

CenterPoint didn’t assign a dollar value to its contributions.

“Our first priority is getting the lights back on. At the same time, we have seen firsthand the devastation our neighbors are facing, and our commitment to the community goes beyond restoration efforts,” says Lynnae Wilson, senior vice president of CenterPoint’s electric business.

ConocoPhillips

Houston-based ConocoPhillips contributed $200,000 to relief efforts for Hurricane Beryl. The company also is matching donations from U.S. employees of ConocoPhillips.

The money is being split among the Houston Food Bank, Salvation Army and American Red Cross.

“Houston is our hometown, and many of our employees and neighbors have been impacted by Hurricane Beryl,” says Ryan Lance, chairman and CEO of ConocoPhillip.

Entergy Texas

Entergy Texas, based in The Woodlands, donated $125,000 to the American Red Cross for Hurricane Beryl relief efforts. The money will go toward emergency needs such as food, shelter, and medical care.

“Our commitment to helping communities in distress remains unwavering, and we are hopeful that our contribution will offer relief and comfort to those facing hardships in the storm’s aftermath,” says Eliecer Viamontes, president and CEO of Entergy Texas.

Entergy Texas supplies electricity to about 512,000 customers in 27 counties. It’s a subsidiary of New Orleans-based Entergy Corp.

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