Montreal-based Direct Air Capture (DAC) project developer Deep Sky has announced a multi-year offtake agreement with carbon credit platform Rubicon Carbon, marking a major step in scaling permanent carbon removal.
According to a statement by Deep Sky on Monday, this will make it the first DAC partner included in Rubicon’s carbon credit portfolio.
Under the agreement, Deep Sky will supply Rubicon with DAC carbon removal credits from 2025 to 2033.
The credits will come from Deep Sky Alpha, the company’s first facility in Canada, which is scheduled to launch this summer with a capture capacity of 3,000 tonnes annually.
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Rubicon Carbon curates high-integrity, risk-adjusted carbon portfolios to support companies’ climate goals.
With this partnership, its customers gain early access to DAC credits, benefiting from Deep Sky’s “active portfolio within a portfolio” approach that aims to fast-track cutting-edge carbon removal innovation.
Rubicon CEO Tom Montag called the collaboration a natural fit, saying: “We’re excited to work with Deep Sky and offer our clients early access to their innovative DAC projects.”
Founded as a tech-agnostic DAC developer, Deep Sky identifies and scales promising DAC technologies globally, helping clients access high-quality, scalable carbon removal options.
The company is leveraging Canada’s low-carbon electricity, favorable geology, and supportive climate policies to advance its nationwide DAC project pipeline, supported by over $100 million raised in just two years.
“Partnering with Rubicon Carbon enables us to bring our DAC project portfolio to a broader audience of enterprises,” Charlie Renzoni, VP of Carbon Markets at Deep Sky, said in a comment.
