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The financing was secured on the backs of its long-term purchase commitments — including those with Frontier Climate buyers like Google and Stripe — to expand its carbon removal solution nationwide.
Vaulted Deep, a waste management company building subsurface infrastructure for organic waste, today announced a $35 million debt facility from Mediobanca to expand its national buildout. The financing, arranged by CFP Energy, a leading provider of market-based energy transition solutions, is the largest publicly disclosed U.S. commercial debt deal in durable carbon removal to be secured by long-term purchase contracts. It demonstrates how such contracts can help companies borrow from mainstream
The carbon removal company Vaulted Deep has secured up to $35 million in debt financing from the Italian bank Mediobanca to help expand its U.S. buildout.
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