Fidelis New Energy has selected Battelle Carbon Services to drill and collect stratigraphic test well data, acquire seismic data and to submit multiple Class VI sequestration permit applications in West Virginia. This program is for the safe and permanent sequestration of carbon dioxide from Fidelis' Mountaineer GigaSystem™ project in Mason County, West Virginia. Fidelis has been collaborating with Battelle since 2021. Going forward, the parties will continue to work together leveraging the extensive subsurface experience of both parties from developing carbon sequestration assets in Appalachia and other regions.

Battelle is well positioned to continue to assist Fidelis in developing the subsurface components of the carbon sequestration project as it builds on its deep experience gained through numerous other projects. For example, Battelle provided expertise and services for geologic characterization, modeling, injection, and monitoring throughout a multi-phased program from 2002 to 2017 at American Electric Power's Mountaineer Plant in New Haven, West Virginia. Among other things, this project evaluated the geologic storage options and feasibility in the region, some of which were demonstrated during the operational phase of the 20 MWe product validation facility when 37,000 metric tons of carbon dioxide was permanently sequestered. Additionally, Battelle leads the Midwest Regional Carbon Initiative which is a US Department of Energy funded program comprised of team members from multiple state geological surveys, academic institutions, and industry with the aim to advance Carbon Capture Utilization and Sequestration ("CCUS") acceptance and deployment in 20 states across the Midwest, Mid-Atlantic, and New England regions. This extensive experience has also led to formation of Battelle's Carbon Services Division, to enable commercial deployment of geologic storage projects nationally.

Battelle is also the prime applicant for the Appalachian Region Clean Hydrogen Hub. Fidelis selection of Battelle expands the collaboration between two key players of ARCH2, a regional clean hydrogen hub that brings together private industry, state and local government, academic and technology institutions, NGOs, and communities to catalyze a clean hydrogen ecosystem across the Northern Appalachia Region.

Fidelis recently announced the Mountaineer GigaSystem™ and the Monarch Cloud Campus.  The Mountaineer GigaSystem is a lifecycle carbon neutral hydrogen production facility using the FidelisH2® technologies, a novel hydrogen production pathway, using natural gas and renewable energy. The Monarch Cloud Campus is a hyperscale carbon neutral data center park that would use the net-zero hydrogen produced with the FidelisH2 technologies for powering and cooling the data centers. The firm plans high impact greenhouses that Fidelis' CO2PowerGrow™ technologies that utilize captured waste heat and a portion of the captured CO₂ from the Mountaineer net-zero hydrogen production facility, and the Monarch data centers as inputs to lower the cost of food production in co-located greenhouses.

"We are excited to expand our current collaboration with Battelle in Appalachia. Battelle is a well-known name with nearly a century of applied science experience including in the energy sector. Battelle, combined with Fidelis project development, financing, construction, and operational expertise puts West Virginia on a path to become a leader in the utilization of carbon capture and sequestration." said Pete Hollis, Senior Vice President and Global Head of CCUS of Fidelis.

"Battelle is proud to work with Fidelis on this important program for the Appalachian region," said Neeraj Gupta, Battelle's technical director for carbon management. "This builds on the great work supported by the DOE and other partners to advance carbon management initiatives in the area, demonstrating progress towards deployment."