13. January 2022 Meghan Sapp

Cresta Fund Management to fund Lapis Energy’s CCS and clean hydrogen projects

In Texas, Cresta Fund Management and Lapis Energy LP announced an agreement for Cresta to fund the Company’s origination, development and implementation of Carbon Capture and Storage (CCS) and clean hydrogen projects that enable industrial de-carbonization critical to the achievement of global net zero goals.

Lapis Energy, a Dallas, Texas-based CCS company formed by a team of experienced energy transition professionals, brings together the strategic expertise of BluEnergy, a global strategic consultancy with expertise in CCS, clean hydrogen and the development of low carbon markets, and Viridis Resources, founded by former key members of Kosmos Energy’s industry leading exploration team.