Carbon Capture Powerhouse: Munters Expands Investment, Commercial Partnership with Capsol Technologies
September 11, 2025, 3:35 am
Munters significantly expands its partnership with carbon capture leader Capsol Technologies. A new €2 million investment raises Munters' total stake to €4 million. The collaboration shifts to a full commercial, go-to-market strategy. This aims to boost carbon capture efficiency and reduce project costs. Both firms target swift decarbonization solutions for heavy industries. Capsol anticipates reduced cash burn and financial break-even by 2026. The investment reinforces Capsol's strong technology and market position. It accelerates joint efforts in the critical carbon capture market. This move strengthens offerings for global emission reduction. It signals confidence in future growth and shareholder value.
Global industrial giant Munters deepens its commitment to carbon capture. It boosts its investment in Capsol Technologies. The move signals a critical step in decarbonization efforts. This expanded partnership targets major industrial emitters. It combines technological leadership with strategic commercial growth.
Munters, a leader in energy-efficient air treatment and climate solutions, announced a new €2 million investment. This follows an initial investment made last year. The new capital comes via a private placement. This brings Munters' total investment in Capsol Technologies to €4 million. This increased ownership stake now stands at approximately 7%.
The investment underscores strong confidence. It validates Capsol's advanced carbon capture technology. This capital infusion supports Capsol's strategic initiatives. It strengthens the company’s financial position. The focus remains on accelerating shareholder value creation.
Beyond capital, the partnership evolves commercially. An initial R&D collaboration proved fruitful. It established significant synergies. Now, a comprehensive commercial agreement is in place. This includes a coordinated go-to-market strategy. Both companies will jointly pursue new projects.
Capsol provides leading carbon capture technology. It targets CO2 from industrial emissions. Key sectors include cement, biomass, energy-from-waste, and gas turbines. Munters offers essential mass transfer and mist elimination solutions. These components are vital to the chemical CO2 absorption process. The combined offering creates a powerful solution.
This strategic alignment enhances carbon capture efficiency. It promises lower operational costs for customers. The joint effort streamlines project delivery. Industries seeking to reduce their carbon footprint gain a stronger partner. This collaboration makes CCUS (Carbon Capture, Utilization, and Storage) easier to implement.
The carbon capture market is expanding rapidly. Munters recognizes its significant potential. Clean Technologies represents a prioritized growth area for the company. This venture investment strategy supports innovative adjacent technologies. It creates new business opportunities.
Capsol anticipates significant financial improvements. The company projects a substantial reduction in cash burn. A path to break-even remains on track for 2026. Multiple high-conviction projects are in negotiation. Final Investment Decisions (FIDs) are expected by 2026. These FIDs could materially boost cash generation.
Target revenues for Capsol stand at 10-15 EUR per tonne of captured CO2. A single fully priced FID could generate positive EBITDA for three years. This outlook highlights the economic viability of its technology. It demonstrates the market's growing demand for carbon capture solutions.
The private placement involved issuing 3,111,618 new shares. These shares went to Munters. Each share holds a nominal value of NOK 0.50. The subscription price was NOK 7.54 per share. This price reflects a 19% premium over the closing price on September 9, 2025. It also aligns with the 30-day volume weighted average price.
This private placement represents a deviation from shareholders' pre-emptive rights. However, Capsol's board reviewed the action thoroughly. They found it compliant with Norwegian Public Limited Companies Act. It also meets Norwegian Securities Trading Act obligations. The board deemed it in the common interest of the company and its shareholders. This decision considers both financial and industrial benefits.
The equity raise proved efficient. It secured a higher subscription price. Costs were lower than a traditional rights issue. The board, with advisors, concluded no subsequent repair issue was necessary. This ensures swift capital acquisition.
Following share capital registration, Capsol's capital will reach NOK 33,005,143.50. This divides into 66,010,287 shares. Each share retains a par value of NOK 0.5.
Capsol continues to advance other strategic partnership processes. Momentum remains strong through the second half of 2025. Pareto Securities advises on financial matters. CMS Kluge and BAHR provide legal counsel for the transaction.
This intensified collaboration serves a larger purpose. It contributes directly to global decarbonization goals. Industries face immense pressure to reduce emissions. Effective carbon capture solutions are vital. This partnership provides a powerful, integrated offering. It helps meet pressing environmental targets. It also drives economic growth within the clean energy sector. Munters and Capsol are shaping the future of industrial climate solutions. Their joint efforts set new standards for efficiency and reach in the carbon capture market. This strategic alignment accelerates the transition to a net-zero future.
Global industrial giant Munters deepens its commitment to carbon capture. It boosts its investment in Capsol Technologies. The move signals a critical step in decarbonization efforts. This expanded partnership targets major industrial emitters. It combines technological leadership with strategic commercial growth.
Munters, a leader in energy-efficient air treatment and climate solutions, announced a new €2 million investment. This follows an initial investment made last year. The new capital comes via a private placement. This brings Munters' total investment in Capsol Technologies to €4 million. This increased ownership stake now stands at approximately 7%.
The investment underscores strong confidence. It validates Capsol's advanced carbon capture technology. This capital infusion supports Capsol's strategic initiatives. It strengthens the company’s financial position. The focus remains on accelerating shareholder value creation.
Beyond capital, the partnership evolves commercially. An initial R&D collaboration proved fruitful. It established significant synergies. Now, a comprehensive commercial agreement is in place. This includes a coordinated go-to-market strategy. Both companies will jointly pursue new projects.
Capsol provides leading carbon capture technology. It targets CO2 from industrial emissions. Key sectors include cement, biomass, energy-from-waste, and gas turbines. Munters offers essential mass transfer and mist elimination solutions. These components are vital to the chemical CO2 absorption process. The combined offering creates a powerful solution.
This strategic alignment enhances carbon capture efficiency. It promises lower operational costs for customers. The joint effort streamlines project delivery. Industries seeking to reduce their carbon footprint gain a stronger partner. This collaboration makes CCUS (Carbon Capture, Utilization, and Storage) easier to implement.
The carbon capture market is expanding rapidly. Munters recognizes its significant potential. Clean Technologies represents a prioritized growth area for the company. This venture investment strategy supports innovative adjacent technologies. It creates new business opportunities.
Capsol anticipates significant financial improvements. The company projects a substantial reduction in cash burn. A path to break-even remains on track for 2026. Multiple high-conviction projects are in negotiation. Final Investment Decisions (FIDs) are expected by 2026. These FIDs could materially boost cash generation.
Target revenues for Capsol stand at 10-15 EUR per tonne of captured CO2. A single fully priced FID could generate positive EBITDA for three years. This outlook highlights the economic viability of its technology. It demonstrates the market's growing demand for carbon capture solutions.
The private placement involved issuing 3,111,618 new shares. These shares went to Munters. Each share holds a nominal value of NOK 0.50. The subscription price was NOK 7.54 per share. This price reflects a 19% premium over the closing price on September 9, 2025. It also aligns with the 30-day volume weighted average price.
This private placement represents a deviation from shareholders' pre-emptive rights. However, Capsol's board reviewed the action thoroughly. They found it compliant with Norwegian Public Limited Companies Act. It also meets Norwegian Securities Trading Act obligations. The board deemed it in the common interest of the company and its shareholders. This decision considers both financial and industrial benefits.
The equity raise proved efficient. It secured a higher subscription price. Costs were lower than a traditional rights issue. The board, with advisors, concluded no subsequent repair issue was necessary. This ensures swift capital acquisition.
Following share capital registration, Capsol's capital will reach NOK 33,005,143.50. This divides into 66,010,287 shares. Each share retains a par value of NOK 0.5.
Capsol continues to advance other strategic partnership processes. Momentum remains strong through the second half of 2025. Pareto Securities advises on financial matters. CMS Kluge and BAHR provide legal counsel for the transaction.
This intensified collaboration serves a larger purpose. It contributes directly to global decarbonization goals. Industries face immense pressure to reduce emissions. Effective carbon capture solutions are vital. This partnership provides a powerful, integrated offering. It helps meet pressing environmental targets. It also drives economic growth within the clean energy sector. Munters and Capsol are shaping the future of industrial climate solutions. Their joint efforts set new standards for efficiency and reach in the carbon capture market. This strategic alignment accelerates the transition to a net-zero future.