Carba Burnsville Biochar Pyrolysis Project

Carba’s first project is being commissioned in Burnsville, MN, where biocarbon produced from Carba’s proprietary autothermal pyrolysis reactors will be buried within the Burnsville Sanitary Landfill - generating permanent carbon removal credits. Production will come online in Q4 2025, with deliveries in Q1 2026. This financing a 44,000-ton, 5-year offtake agreement with Microsoft and being selected for a $7 million U.S. Department of Energy grant under the Carbon Negative Shot program.