Samsung Buys 15% Stake in 2Co’s Carbon Capture Project in U.K.
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Samsung Group agreed to buy a 15 percent stake in 2Co Energy Ltd.’s carbon-capture and storage project for a power plant in northern England.
Samsung C&T, the construction and trading arm of Samsung Group, will build the 650-megawatt coal-fired Don Valley Power Project in South Yorkshire, London-based 2Co Energy said today in an e-mailed statement. Financial details weren’t disclosed.