other material
confidence medium
sentiment neutral
materiality 0.60
Alto Ingredients subsidiary enters CO2 transport/sequestration deal with Vault Dragon CCS
Alto Ingredients, Inc.
- Alto Pekin will deliver CO2 to Vault Dragon's planned pipeline and sequestration facilities for permanent storage.
- Agreement designed to allow Alto to qualify for and claim 45Q tax credits for carbon sequestration.
- Specific commercial terms (service fees, minimum volumes, credit support) are redacted as confidential.
- Vault is responsible for constructing and operating the transportation and injection facilities; Alto for the capture facility.
- Includes deficit credits, bonus volumes, and force majeure provisions; term extends through the 45Q period.