ENEOS, A.P. Moller Holding and A.P. Moller – Maersk agree to Invest $100 Million in C2X to Advance Green Methanol Portfolio Press release / 2 April 2025 ENEOS, Japan’s leading energy company, has signed an investment with C2X to advance the development of the Beaver Lake Renewable Energy (“BLRE”) project in Louisiana to FID and further develop its global green methanol project portfolio. London, Tokyo and Copenhagen, April 2, 2025 – C2X, a leading developer of green methanol projects, and ENEOS, Japan’s leading energy company jointly announced a combined investment of $100 million from ENEOS and existing shareholders A.P. Moller Holding and A.P. Moller – Maersk (“Maersk”). The transaction is subject to the satisfaction of customary closing conditions including applicable regulatory clearances. The proceeds from the investment will primarily be used to fund the final development phase of the BLRE project which C2X is developing together with SunGas Renewables in Alexandria in the State ...
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