Corporate deal15 July 2026

Frontier facilitates $31.6 million carbon removal offtake with Hafslund Celsio

Frontier has facilitated an offtake agreement for Hafslund Celsio to remove 100,000 tonnes of CO₂ between 2029 and 2030, valued at $31.6 million. This agreement supports the retrofit of Hafslund Celsio’s waste-to-energy facility in Oslo, making it the first such project globally to deliver carbon removal. The facility will capture biogenic CO₂ emissions, which will be transported to the Northern Lights facility for permanent geological storage. This model could be replicated across approximately 500 European waste-to-energy facilities, potentially removing 400 million tonnes of CO₂ annually by 2050.

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