California Resources Corporation and Middle River Power to Advance Decarbonized Power Solutions in California
New MOU Marks Strategic Alliance Between CRC and a Key California Power Producer with Proximity to Silicon ValleyLONG BEACH, Calif., Dec. 16, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) and its carbon management business, Carbon TerraVault (CTV), today announced a Memorandum of Understanding1 (MOU) with Middle River Power, LLC (MRP), an independent power producer and asset management company, to provide carbon transportation and sequestration services for MRP power facilities in Ca ...