• CapEx: $50 million
  • Jobs: 140 direct new jobs
  • Product: Direct air capture facility
  • Location: Calcasieu Parish / Southwest Region
  • Project overview:
    • The company will mobilize an additional $50 million in private investment to match the initial $50 million in funding from the U.S. Department of Energy to create one of the world’s largest DAC hubs.
    • Climeworks also estimates that the project will support 800 construction jobs. Louisiana Economic Development estimates that the project will result in 329 indirect new jobs, for a total of 469 new jobs in the Southwest Region.

Company website: climeworks.com