News Summary

• Arbor Energy has raised a $55 million Series A led by Lowercarbon Capital and Voyager Ventures.
• The power plant is going to be more of an omnivore, capable of burning natural gas in addition to biomass.
• Arbor still plans to capture CO2 from the power plant, which uses oxy-combustion, which transforms hydrocarbons into syngas and then burns it in the presence of pure oxygen.
• The company does not plan to sell its technology to businesses that don’t plan on capturing the carbon for use or sequestration.