Milestone’s patented slurry injection process involves the injection of energy waste streams into carefully selected deep reservoirs that are segregated by multiple geologic layers of confining rock from usable groundwater. The technology is environmentally superior to alternative disposal methods, namely the dumping of energy waste into surface reserve pits or the tilling of energy waste streams into the soil over a large surface area (land application). These disposal methods deposit contaminated, hydrocarbon-rich energy waste streams above the water table, increasing the environmental risk of soil or water contamination and produce GHG elevated emissions. In 2020, Milestone’s slurry injection process sequestered approximately 320,000 MT CO2e. If the same waste had been land applied (a process that remains legal in several states), the company estimates that approximately 115,000 MT CO2e would have been emitted into the atmosphere.
Source: Company estimates and SCS Engineers estimates. For illustrative purposes only.
Amberjack Capital is a specialized private equity firm that invests in and partners with entrepreneurs and business owners to build market leaders serving the industrial, infrastructure, and environmental end markets. Headquartered in Houston, the firm has raised $1.9 billion of committed capital since its inception in 2006 and has invested in over 50 companies.