PaceZero Capital Partners entered into a committed credit facility with Alchemy CO₂. The funding will support Alchemy’s rollout of distributed biogenic CO₂ production facilities across the United States.
“Alchemy’s distributed CO₂ capture systems unlock regional supply in the tight North American industrial gases market,” Jordan Peckham, founder and CEO of PaceZero, said. “We are happy to be partnering with Casey and the Alchemy team as they bring new commercial-scale facilities online.”
Casey Leist, founder and CEO of Alchemy CO₂, added, “PaceZero understood our model from day one and moved quickly to structure a facility that supports our growth. With this financing in place, we’re accelerating the deployment of a new approach to supplying CO₂ to industry — one that is local, reliable and built to scale.”
