Inter Pipeline ("IPL") and Rockpoint Gas Storage ("Rockpoint") announce that they have submitted a joint application as part of Alberta's Energy's Request for Full Project Proposals ("RFPP") to develop a new carbon capture sequestration (CCS) hub ("the Project") in Alberta's Industrial Heartland. If approved and developed, the Project would provide carbon storage capacity of more than six million tonnes per annum, on an open access basis, to emitters in Alberta's Industrial Heartland. The Project will be anchored by emissions from IPL's existing assets in the area and has the scale to support future petrochemical and energy transition projects planned in the region.

The Project has received strong support from community stakeholders to date including the Montana First Nation of Maskwacis, Alberta, as well as large scale third-party emitters in the Industrial Heartland.