News Summary

Montréal-based cleantech startup Deep Sky has announced plans to construct one of the world’s largest carbon capture facilities in southwestern Manitoba. The facility, expected to remove 500,000 tonnes of CO2 annually, will leverage Manitoba’s hydroelectric grid for renewable energy. Founded in 2022 by Hopper co-founders Frederic Lalonde and Joost Ouwerkerk, Deep Sky sells carbon credits to large companies aiming to offset their carbon emissions. The company has already raised over $130 million, including a grant from Bill Gates’ Breakthrough Energy Catalyst. Deep Sky is engaging with local stakeholders and has signed a Declaration of Relationship with the Dakota Nations of Manitoba. The construction of the facility will begin in phases, starting with a 30,000-tonne removal capacity in 2026.