RETI and Sumitomo Corporation Group Announce Joint Development Agreement for CTS Hub in East Calgary Region

Reconciliation Energy Transition Inc. (RETI) and Sumitomo Corporation Group have entered into a Joint Development Agreement for the RETI East Calgary Region Carbon Transportation & Sequestration Hub project (CTS Hub). The CTS Hub aims to reduce carbon emissions and support the transition to a cleaner energy landscape. With a target of first CCS operations in FY2026, the project will involve constructing compression capacity, a CO2 pipeline network, and injection and monitoring wells. The open-access hub will provide CCS-as-a-service solutions for existing and proposed energy transition facilities. RETI and Sumitomo Corporation Group envision a long-term partnership, exploring additional projects such as SAF and DAC facilities.

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