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Chevron (CVX) Invests in Carbon Capture Firm ION Clean Energy
CVXChevron(CVX) Zacks Investment Research·2024-04-08 13:02

Chevron Corporation (CVX) has recently announced its role as one of the newest equity holders in the innovative carbon capture firm, ION Clean Energy (“ION”), in a significant move toward sustainable energy solutions. This strategic investment by the U.S. supermajor marks a pivotal moment in the advancement of carbon capture technology and highlights Chevron's commitment to environmental stewardship and energy transition.Chevron's Role in the InvestmentChevron spearheaded the $45-million Series A financing ...