Navigator CO2 Ventures LLC said Thursday it has binding commitments in hand to sanction the massive Heartland Greenway system, a 1,300-mile carbon capture pipeline that would traverse five states across the Midwest.

As initially designed, Heartland would transport and sequester up to 15 million metric tons/year of carbon dioxide (CO2) from industrial customers in Illinois, Iowa, Minnesota, Nebraska and South Dakota.

“The Heartland Greenway is the first substantial, fully integrated CO2 handling system to reach a final investment decision, and we could not be more excited for the path ahead for all stakeholders,” said Navigator CEO Matt Vining. “It is a great privilege and responsibility to help pave the way for large scale infrastructure projects designed to reduce...