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4 months ago
Deep Sky and TD Bank Group Forge 10-Year Carbon Credit Agreement
News Summary
Montreal-based carbon capture startup Deep Sky has entered a 10-year agreement with TD Bank Group, under which TD will purchase over 18,000 verified direct air capture carbon dioxide removal credits. Financial details of the deal have not been disclosed. Deep Sky, which began operations of its first facility in Alberta in August 2025, plans to build a commercial carbon removal facility in southwestern Manitoba. This agreement follows Deep Sky’s recent partnerships with French power company Engie and airline Lufthansa.



