NexGen Carbon Solutions

What NexGen Carbon Solutions does

NexGen Carbon Solutions, LLC is a privately held, Texas-domiciled clean-technology company that develops point source carbon capture, utilization, and storage (CCUS) projects for industrial emitters in the United States. The company self-describes as an independent, full-cycle CCUS developer, identifying, designing, permitting, constructing, and operating capture and permanent geological storage infrastructure primarily in the lower 48 contiguous states. Its operations are run by a 1–10 employee team out of a headquarters in Kingwood, Texas, with active project development centered on the Vanguard CCUS Hub in northeast Oklahoma.

The company's product portfolio is anchored by the Vanguard CCUS Hub, designed to capture approximately 3.5 million metric tons of CO2 per year from industrial point sources — including cement plants, fertilizer facilities, oil refineries, and power generation stations — and inject it into permanent geological storage via up to 10 injection and monitoring wells across approximately 75,000 acres of secured surface leases, totaling about 70 million metric tons over a 20-year injection period. A second proposed hub, the Pathfinder CCUS Hub, would add another 75,000 acres. The underlying technology combines third-party point source capture solutions (via partnerships with Baker Hughes, Chart Industries, ION Clean Energy, Koch Engineered Solutions, and Schlumberger/Capturi) with company-controlled subsurface storage sites; carbon credits generated are rated by BeZero Carbon, and the project is currently advancing through EPA Class VI permitting.

NexGen's commercial model is built on long-term, subscription-style carbon capture and storage contracts with industrial emitters, supplemented by sales of high-integrity carbon avoidance credits to voluntary market buyers. Go-to-market is direct enterprise field sales targeting a narrow set of heavy-industry segments, supported by strategic relationships with leading global CCUS technology, service, supply chain, and finance counterparties (notably Mitsubishi UFG Financial Group for project finance) and by academic affiliations with Stanford, Columbia Climate School, the University of Oklahoma, and the Oklahoma Geological Survey. Pricing is not publicly disclosed and is negotiated on a per-project basis, and the company has not yet disclosed revenue, funding, or cap table information.

Name

NexGen Carbon Solutions

Legal name

NexGen Carbon Solutions, LLC

Website

https://nexgencarbonsolutions.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

NexGen Carbon Solutions is a privately held, Texas-based clean-tech company that develops point source carbon capture and permanent geological storage hubs for industrial emitters (cement, fertilizer, refining, power). It pursues full-cycle CCUS project development in the United States, anchored by the Vanguard and Pathfinder CCUS Hubs in Oklahoma.

Ownership category

akta.pro rank

Product category

Carbon Capture and Storage Services

NAICS

Natural Gas Distribution (221210)

SIC

Natural Gas Transmission (4922)

akta.pro primary industry

Carbon Removal Project Development, Financing & Offtake (Developers, Aggregators, Buyers Clubs) (EUABAFAL)

Keywords

• Carbon capture storage
• Industrial decarbonization services
• Point source capture
• Geological CO2 sequestration
• CCUS project development

Headquarters

HQ city

Kingwood

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Carbon Capture and Storage Contracts: Revenue generated through long-term carbon capture and storage contracts with industrial emitters. The company develops projects that capture and permanently store CO2, generating recurring revenue from industrial customers seeking carbon avoidance credits.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

NexGen Carbon Solutions is an independent full-cycle carbon capture, utilization and storage (CCUS) developer that builds and operates point source capture projects tied to industrial emitters such as cement plants, fertilizer facilities, oil refineries and power generation stations, with permanent geological storage of CO2 in Class VI injection wells. Its core deliverable is the Vanguard CCUS Hub in northeastern Oklahoma (with the proposed Pathfinder CCUS Hub as a follow-on), targeting approximately 3.5 million metric tons of CO2 captured per year and roughly 70 million metric tons of cumulative storage over a 20-year injection period, sold via long-term carbon capture and storage contracts and the issuance of BeZero-rated carbon avoidance credits.

Product overview

NexGen Carbon Solutions is an independent full-cycle carbon capture utilization and storage (CCUS) developer offering commercially viable solutions for industrial decarbonization. The company operates a portfolio-based approach centered on two primary projects: the Vanguard CCUS Hub (Phase 1, currently in development with EPA Class VI permit application submitted) and the proposed Pathfinder CCUS Hub. Both projects utilize point source capture technology, sourcing CO2 from industrial emitters such as cement plants, fertilizer facilities, oil refineries, and power generation stations, with permanent geological storage in the lower 48 contiguous states (initially focused on Oklahoma). The company provides end-to-end CCUS services from project identification and evaluation through construction and operation, including capture, transportation, and permanent storage.

Differentiator

Problem solved

Functional benefit

Brands

• Vanguard CCUS Hub: A carbon capture utilization and storage hub located in northeastern Oklahoma designed to capture approximately 3.5 million metric tons of CO2 per year from industrial emitters including cement plants, fertilizer facilities, oil refineries and power generation stations.
• Pathfinder CCUS Hub

Products and services

• Vanguard CCUS Hub Point source carbon capture, utilization and storage (CCUS) project located in northeastern Oklahoma, designed to capture approximately 3.5 million metric tons of CO2 per year from industrial emitters including cement plants, fertilizer facilities, oil refineries, and power generation stations, and to permanently store the CO2 in geological formations through up to 10 injection and associated monitoring wells (each rated at 350,000 metric tons of CO2 per year) over a 20-year injection period, for a cumulative total of approximately 70 million metric tons of stored CO2 across 75,000 acres of secured surface leases. The hub is being developed for industrial emitter customers seeking to meet decarbonization mandates and to generate verified carbon avoidance credits, and is intended to be one of the largest point source capture facilities in North America.
• Pathfinder CCUS Hub Proposed carbon capture, utilization and storage (CCUS) hub comprising an additional 75,000 acres of secured surface leases, complementary to the Vanguard CCUS Hub, bringing NexGen's total secured storage footprint across both hubs to approximately 150,000 acres. It is intended to extend NexGen's point source carbon capture and permanent geological storage capacity to additional industrial emitters across North America.

Quantifiable outcome

• 3.5 million metric tons per year CO2 capture capacity at Vanguard CCUS Hub
• +3 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Nine partnerships are on record, tiered core.

• Baker HughescoreTechnology or IntegrationStrategic relationship with Baker Hughes for CCUS technology, service, and supply chain optimization. Baker Hughes provides technology and services that support carbon capture operations.
• Chart IndustriescoreTechnology or IntegrationStrategic relationship with Chart Industries for CCUS technology and equipment solutions. Chart Industries provides specialized equipment for carbon capture and storage operations.
• ION Clean EnergycoreTechnology or IntegrationStrategic relationship with ION Clean Energy for carbon capture technology solutions. ION Clean Energy provides advanced carbon capture technology and expertise.
• Koch Engineered SolutionscoreTechnology or IntegrationStrategic relationship with Koch Engineered Solutions for CCUS technology, service, and supply chain optimization in the decarbonization space.
• Quanta Infrastructure Services GroupcoreTechnology or IntegrationStrategic relationship with Quanta Infrastructure Services Group for infrastructure development and services supporting CCUS operations.
• Schlumberger / CapturicoreTechnology or IntegrationStrategic relationship with Schlumberger/Capturi for carbon capture technology solutions and services. Capturi is Schlumberger's carbon capture business unit.
• Stanford UniversitycoreStrategic or Co-development PartnerNexGen Carbon Solutions is a Stanford University Industrial Affiliate, providing research collaboration and access to academic expertise in CCUS technology and climate science.
• Columbia University Climate SchoolcoreStrategic or Co-development PartnerStrategic linkage with Columbia University Climate School for climate research and academic collaboration in carbon management.
• University of Oklahoma / Oklahoma Geological SurveycoreStrategic or Co-development PartnerStrategic linkage with University of Oklahoma and Oklahoma Geological Survey for geological expertise and subsurface characterization supporting CO2 storage operations.

Scale indicators5 records

Recent moves5 records

Expansion highlights6 records

Others

• Chart Industries: Cryogenic equipment and process technology supplier for the CCUS value chain. A named NexGen partner providing specialized capture and storage equipment; included as an ecosystem enabler rather than a direct competitor in project development.

Emerging players

• ION Clean Energy: Carbon capture technology provider and project developer using proprietary solvent-based capture systems. A named NexGen partner, but also an independent competitor pursuing similar industrial point source projects with its own technology stack.
• CarbonCapture Inc. Emerging DAC and point source capture developer with multiple project announcements in the US. Comparable in being a project-development-stage CCUS company targeting industrial emitters, though it is more technology-led than NexGen's storage-led approach.
• Heirloom Carbon Technologies: DAC company using enhanced limestone-based mineralization for permanent CO2 removal. Operates in the same voluntary carbon credit market and competes for high-integrity buyers, but is technology/DAC-led rather than industrial point source-focused.

Direct peers

• Talos Energy: US independent E&P that has pivoted into CCS project development, including the Bayou Bend CCS hub in Texas. Comparable in that it leverages oil & gas subsurface competence to commercialize CO2 storage, and competes for the same industrial emitter and storage acreage market.
• 1PointFive (Occidental Petroleum): Occidental's direct air capture and CCUS subsidiary developing large-scale carbon removal projects (Stratos DAC) with deep E&P operating expertise and balance sheet. Direct competitor in North American large-scale CCUS project development targeting industrial and atmospheric CO2 sources.

Broad incumbents

• Air Products: Industrial gas major with major blue and green hydrogen and CCS projects, leveraging industrial gas handling and CO2 compression expertise. Competes in the same industrial decarbonization project development space with established CO2 logistics capabilities.
• Schlumberger (SLB) / Capturi: Global oilfield services major whose Capturi unit provides carbon capture technology and integrated CCUS services. A named NexGen partner that is also an independent competitor in the same industrial point source capture market globally.
• ExxonMobil Low Carbon Solutions: Integrated supermajor with a multi-hub CCS strategy (Baytown, Hebron, others) and Baytown Low Carbon project. Competes for the same industrial emitters and Class VI permits with materially greater capital, offtake relationships, and project finance capacity.
• Chevron New Energies: Chevron's CCS business unit developing multiple sequestration hubs, with established emitter relationships and balance sheet scale. Comparable full-cycle project development model but with broader portfolio and incumbent energy customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/nexgen-carbon-solutions-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NexGen Carbon Solutions