Caterpillar Inc. Acquires CarbonPoint Solutions (Enhanced Energy Group, Inc.)
September 10, 2021
Caterpillar Inc. has acquired Enhanced Energy Group, Inc., which operates as CarbonPoint Solutions, a Rhode Island–based carbon capture technology company. The acquisition brings CarbonPoint's patented CO2 concentration and capture systems into Caterpillar's product portfolio to support emissions reduction across engines, turbines and industrial power applications.
- Buyers
- Caterpillar Inc.
- Targets
- Enhanced Energy Group, Inc. (CarbonPoint Solutions)
- Industry
- Energy
- Location
- Rhode Island, United States
- Transaction Type
- Buyout
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