Year: 2021

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FOR IMMEDIATE RELEASE: 8 Rivers Capital and the Southern Ute Growth Fund Announce Joint Development of Zero Emissions NET Power Plan

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8 Rivers Capital and the Southern Ute Growth Fund Announce Joint Development of Zero Emissions NET Power Plant DURHAM, N.C. and SOUTHERN UTE INDIAN RESERVATION, Colo., April 15, 2021 /PRNewswire/ — 8 Rivers Capital, LLC and The Southern Ute Indian Tribe Growth Fund (SUGF) have joined together to develop the Coyote Clean Power Project, locating one of the world’s first zero-emissions NET Power natural gas-fired power plants within the Southern Ute Indian Reservation. The Coyote Clean Power Project will represent a paradigm shift in how the world generates energy, producing 280 MW of clean power 24/7, while capturing and storing CO2. 8 Rivers, through its Zero Degrees development business, and the SUGF plan to design and construct a NET Power plant over the next five years. The Tribe’s participation continues their long history of leadership in environmental stewardship and the energy transition, including the development and operation of a facility for a decade that captured naturally venting fugitive methane, one of the first utility scale solar projects in Southwest Colorado, and other alternative energy projects including biofuels. The Coyote Clean Power Project will be fueled with natural gas while capturing all emissions associated with combusting gas. The underlying NET Power technology […]

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