Captura CEO Steve Oldham describes the likely capital stack structure for the ocean carbon capture company's initial commercial deployment.
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“It may end up being a combination of project finance and equity type finance, maybe a partnership.”
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More from Steve Oldham
PredictionNot checkable as stated
CDR market will overcome US policy retreat via international adoption
“I think we will. And I think we'll get past this current challenge with the US. Because the rest of the world is looking at it as an opportunity for them.”
Steve OldhamNov 19, 2025▶ 29:03Captura's high-stakes gamble
Disclosure
Captura's direct ocean capture system runs on intermittent or curtailed energy
“Direct air capture typically requires a continuous level of power. We've designed our system to work with very intermittent and even curtailed energy for the majority, if not potentially all, of our energy use.”
Steve OldhamNov 19, 2025▶ 6:34Captura's high-stakes gamble
AssertionSupported
Captura's carbon capture process adds zero new material to the ocean
“So our process adds nothing to the ocean. We do not put any new material into the ocean whatsoever. The only thing we do is take out The CO two.”
Steve OldhamNov 19, 2025▶ 14:22Captura's high-stakes gamble
AssertionPartly supported
Captura testing shows water outflow has no detrimental marine effect
“We grow marine life in our outflow at various concentrations to confirm that we are having no detrimental effect. We model how our Outflow plume of water rapidly disseminates into the wider ocean and validate that within a very small distance from the outflow,…”
Steve OldhamNov 19, 2025▶ 15:12Captura's high-stakes gamble
AssertionNot checkable as stated
Captura logs hundreds of operational hours without hardware degradation
“We've got hundreds of hours of continuous operation with no degradation.”
Steve OldhamNov 19, 2025▶ 23:56Captura's high-stakes gamble
PredictionOpen · timeframe Dec 2028
Captura targets 2028 for its first operational commercial plant
“So, we're targeting twenty-twenty-eight to be in operation with our first commercial plant.”
Steve OldhamNov 19, 2025▶ 24:28Captura's high-stakes gamble
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