Corpus Christi City Council approves economic development incentives for electrofuels innovator Infinium

Following a vote by the Corpus Christi City Council to approve a tax incentive agreement, the Corpus Christi Regional Economic Development Corporation (CCREDC) is welcoming lnfinium, a clean fuels innovator, to Corpus Christi.

An lnfinium affiliate is constructing an electrofuels project adjacent to the Howard Energy Partners'(HEP) Javelina off-gas recycling facility. HEP will deliver waste carbon dioxide (CO2) to the lnfinium project company, which will be used as feedstock in the creation of lnfinium Electrofuels. The new plant will beneficially reuse Javelina’s CO2 and add a number of new jobs in the Corpus Christi area.

“We welcome lnfinium to the Coastal Bend as a perfect fit for our ambition to become a clean energy hydrogen production hub,” said Sean Strawbridge, chief executive officer for Port of Corpus Christi.”lnfinium’s work is particularly exciting because-as a project that will also use captured CO2 from an existing refinery as a feedstock-it exemplifies the way in which new energy projects can be complementary to our valued existing energy customers.”

“This is an exciting opportunity for the region to be leaders in the green energy space, as the project would be the first of its kind for Texas, converting captured carbon and hydrogen from industrial facilities to cleaner synthetic fuels. Net Zero will bring 25 jobs to the area as well as the impact of the jobs and capital expenditure of the facility’s construction,” says Mike Culbertson, Interim CEO of the Corpus Christi Regional Economic Development Corporation.

Electrofuels are a fossil-based fuel alternative created using CO2 waste and renewable power derived green hydrogen as inputs. The resulting ultra-low carbon liquid transportation fuels can be used in today’s planes, ships or trucks without changes to existing infrastructure engine designs, substantially reducing greenhouse gas emissions compared to traditional fossil-based fuels.

“We are excited to be part of the Corpus Christi business community as we continue our progress toward the creation of production-scale clean-burning electrofuels,” said Robert Schuetzle, founder and chief executive officer of lnfinium. “The combination of renewable energy and concentrated CO2 resources in Texas present a significant opportunity for the development of additional future facilities.”

lnfinium is also collaborating with HEP on expansion opportunities around the Port of Corpus Christi. Each large scale electrofuels facility has the potential to mitigate more than 300,000 tons of CO2 per year.

“Decarbonization is an enormous, complex challenge and one of vital consequence, so engagement like this with lnfinium is critical to making meaningful progress,” said Brandon Seale, President of Howard Energy Ventures. “Our relationship will play an important role in our mission to deliver positive energy.”

The facility will initially focus production on delivering the electrofuels contracted to Amazon through a recently announced agreement to power its Middle Mile fleet with ultra-low carbon electrofuels beginning in 2023.

About Infinium

lnfinium is a clean fuels innovator with a mission to decarbonize the world. Its proprietary ultra-low carbon electrofuels are a drop-in fuel alternative for trucks, planes and ships and are designed to significantly reduce harmful carbon dioxide emissions as compared to petroleum fuels. Electrofuels can also be used as a clean alternative in chemical manufacturing processes like plastics production that typically use traditional petroleum-based fuels. lnfinium’s proprietary production process follows environmentally responsible protocols, leveraging industrial carbon dioxide waste, renewable power and ‘green’ hydrogen.

Corpus Christi Regional Economic Development Corporation (CCREDC) is a not-for-profit company that receives public and private investment to carry out its mission of business recruitment and business retention for the Coastal Bend region.

CCREDC Media Contact:
Sarah Tindall

Infinium Media Contact:
Leigh Picchetti