HOUSTON, TX - Pickering Energy Partners (PEP) served as the exclusive financial advisor to OnStream CO2, LLC (OnStream) in its joint venture partnership with a wholly owned subsidiary of Enbridge, Inc. (Enbridge), one of North America’s largest midstream companies.  Onstream, a partnership among Enbridge, Castex Carbon Solutions, LLC (Castex) and Carbonvert, LLC (Carbonvert), is a developer of carbon storage projects along the southern coast of Louisiana, including the GeoDura CO₂ Storage Hub offshore of Cameron Parish.  GeoDura is set to become the State’s first multi-source offshore carbon storage hub, with injection operations expected in 2028.  As a part of its commitment to OnStream, Enbridge has agreed to act as OnStream's preferred CO₂ transportation provider.  Adding Enbridge's extensive transportation project and operational expertise to the joint venture strengthens OnStream's ability to deliver currently planned and future CO₂ projects across Southern Louisiana.

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About Pickering Energy Partners
Pickering Energy Partners (PEP) is an energy-focused financial services platform. Our expertise spans decades across the entire energy landscape. We are, at our core, trusted energy advisors, investors, and partners alongside our clients. The PEP platform includes Investment Banking, Capital Markets, Investments, Research, and Consulting. Headquartered in Houston, Texas, PEP delivers an experienced, opportunistic team that aims to provide guidance and long-term value for clients while having a positive impact on the companies and communities that PEP invests in.

Pickering Energy Partners LP (“PEP”) is a SEC Registered Investment Adviser. Affiliated PEP Advisory LLC (“PEP BD”) is a registered broker-dealer, member FINRA/SIPC. 

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Jennifer Petree pr@petreepartners.com