Carbon capture and removal technology provider Svante and the Meadow Lake Tribal Council (MLTC) announced a new long-term offtake deal with Microsoft, with the tech giant agreeing to purchase more than 600,000 tonnes of carbon removal credits generated from a new bioenergy with carbon capture and storage (BECCS) project in Canada.
The new agreement follows the acquisition by Vancouver-based Svante earlier this year of carbon dioxide removal project developer Carbon Alpha, which added the North Star BECCS Project into Svante’s portfolio. Developed in partnership with the MLTC, the project will integrate BECCS at the existing MLTC Bioenergy Centre, a forestry biomass cogeneration facility. The MLTC Bioenergy Centre generates renewable electricity and heat by burning sustainable waste biomass. At full scale, the facility is expected to generate up to 90,000 tons of CDR credits annually over a 15-year period.
Under the new agreement, the carbon capture plant will deliver 626,000 tons of CDR credits to Microsoft over a 15-year period, with the captured CO2 to be transported and permanently stored at a geologic storage site owned and operated by North Star. The companies said that the CDR credits are expected to be independently verified and issued in accordance with applicable carbon removal crediting standards and robust monitoring, reporting, and verification (MRV) practices.
Scott Gardner, President of Svante Development Inc., said:
“We are excited about this landmark agreement for BECCS in Canada, which is the result of Microsoft’s leadership in carbon removal. Microsoft’s anchor offtake commitment sends a strong signal to the market about the quality of North Star’s CDRs and the readiness of the Canadian market to deliver such projects.”
The agreement forms part of Microsoft’s broader climate strategy, which includes commitments to become carbon negative by 2030 and to remove its historical emissions by 2050. The company is currently the largest corporate purchaser of carbon removal credits, recently disclosing agreements totaling a record 45 million metric tons of CO2 removal in 2025. The new agreement marks Microsoft’s first BECCS-based CDR offtake deal in Canada and is believed to be the first such project in the country involving Indigenous ownership.
Phillip Goodman, Director of Carbon Removal Portfolio at Microsoft said:
“We’re pleased to work with North Star Carbon Solutions and Meadow Lake Tribal Council to help advance high-quality, durable carbon dioxide removal. To meet our climate goals, we need to help scale solutions that deliver durable storage and are backed by rigorous monitoring and verification. This agreement supports an Indigenous-led collaboration that enables the infrastructure needed to bring durable carbon removal online in Canada, creating a pathway for additional projects over time.”
