AtmosClear Selects ExxonMobil for CO Transportation and Storage

AtmosClear BR, LLC is pleased to announce that it has selected ExxonMobil to provide CO2transportation and storage services for its carbon removal project located at the Port of Greater Baton Rouge in Louisiana. The ExxonMobil™ Carbon Capture and Storage systemwill be used to transport and permanently store up to 680,000 metric tons per annum of biogenic CO2from AtmosClear's biomass energy with carbon capture (“BECCS”) facility, with the potential for additional volumes. The BECCS facility will generate clean energy from biomass while capturing the resulting CO2 emissions. ExxonMobil's integrated system – including Class VI wells, existing pipelines, and advanced monitoring systems – will enable efficient, secure, and cost-effective CO2transportation and storage for AtmosClear's carbon removal project, which will provide CDR credits for Microsoft and other customers.

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Fidelis Co-Founder and CEO, Dan Shapiro said, “We are excited to announce our carbon transport and storage agreement with ExxonMobil, a collaboration that enables large-scale carbon removal for AtmosClear. ExxonMobil was selected for its extensive existing infrastructure, world-class safety culture, and proven operational excellence, making them the clear choice for AtmosClear's facility. This agreement is a critical step toward delivering CDR credits to Microsoft under the Carbon Removal Unit Purchase Agreement we signed in March, one of the largest Carbon Dioxide Removal purchase agreements in history to date. By leveraging ExxonMobil's unmatched expertise and mature CCS systems, we can deliver high-integrity carbon removals with strong economic advantages through scalable, cost-efficient operations while ensuring the highest standards of safety and reliability.”

President of ExxonMobil Low Carbon Solutions, Barry Engle said, “We're proud to be the selected transportation and storage provider for this exciting project – which is set to create jobs, drive investment in local communities, and strengthen America's energy future. Louisiana is where energy meets opportunity. With this agreement, we've now signed five offtake contracts with Louisiana customers and are continuing to scale our one-of-a-kind CCS system, the largest in the world.”

About AtmosClearAtmosClear is developing a carbon capture facility at the Port of Greater Baton Rouge in Louisiana. The plant will use sustainable materials like sugarcane bagasse and products from responsible forest management to produce clean energy while capturing 680,000 metric tons of biogenic carbon dioxide per year for permanent storage or beneficial use, like as a feedstock for low-carbon natural gas or other synthetic fuels. Learn more at www.atmosclear.earth.

About FidelisFidelis is an energy infrastructure company driving decarbonization through infrastructure development and investments in biofuels, low- or negative-carbon intensity products, and carbon capture and storage. Fidelis employs a growing portfolio of proprietary, patented, and patent-pending technologies to address energy security and climate challenges. Headquartered inHouston, Texas, Fidelis also maintains an office inCopenhagen, Denmark. Learn more atwww.fidelisinfra.com.

Media Contact: info@fidelisinfra.com

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SOURCE Fidelis New Energy, LLC

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