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Caterpillar Acquires CarbonPoint Solutions

Headquartered in Rhode Island, CarbonPoint Solutions provides technology to concentrate and capture CO2 for utilization or sequestration.

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Caterpillar Inc. has acquired Enhanced Energy Group Inc., operating as CarbonPoint Solutions, a U.S.-based carbon capture technology company. Headquartered in Rhode Island, CarbonPoint Solutions provides technology to concentrate and capture CO2 for utilization or sequestration. 

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Carbon capture systems using CarbonPoint Solutions’ patented processes can be applied to engines and turbines at oil and gas sites, distributed power and industrial plants and waste-to-energy sites. 

“Combining CarbonPoint Solutions’ patented technology with Caterpillar Oil & Gas solutions enables us to further reduce greenhouse gas emissions while helping our customers meet their climate-related objectives,” said Rod Shurman, vice president of Caterpillar’s Oil & Gas and Marine Division. 

“We are extremely pleased to join Caterpillar and look forward to rapid deployment of the Semi-Closed Cycle and carbon capture for Cat engines and Solar gas turbines,” said Paul Dunn, president and founder of CarbonPoint Solutions. 

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Caterpillar says it is committed to contributing to a reduced-carbon future, through continued investment in new products, technologies and services to help customers achieve their climate-related objectives as they build a better, more sustainable world.

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