New Summit Carbon CEO Pledges Better Terms for Iowa Pipeline Landowners
Summit has proposed building a 2,500-mile carbon pipeline connected to 57 ethanol plants across North Dakota, South Dakota, Minnesota, Iowa and Nebraska.
The company continues to face several regulatory hurdles in the states.
Griffin told landowners he was “not afraid to get out in the fields and help alongside the farmers, someone who understands that this project is about more than pipes and technology — it’s about people, land, and communities.”
Griffin told landowners that Summit has a new senior leadership team focused on “partnership and respect.”
As of Thursday afternoon, the company had not made an official announcement about the new CEO or the members of the new leadership team. In the letter, Griffin said the team has “constructed and/or operated” more than 4,700 miles of pipelines.
“But what I’m most proud of is that we did it safely, working closely with landowners, communities and emergency responders to ensure the safety of all,” Griffin said.
“Summit has always had a mission to support farmers, landowners and rural communities by creating new opportunities through carbon management. What’s different now is how deeply we’re focusing on that mission, along with our vision and values, every single day.”
Griffin said the company’s vision is “simple”: “to be a trusted partner who helps build a strong future for agriculture and rural communities — one that lasts for generations. And our values — to protect, innovate, communicate, create value and act with integrity — aren’t just words. They’re how we want to show up for you and your neighbors as we move forward.”
Griffin said with agriculture facing “tough times” the company was confident that the pipeline project would “add value to all commodities produced in the state by helping biofuel producers become more profitable and by opening access to new markets.”
According to information from Summit, Griffin has worked in the natural gas industry for more than 38 years. Most recently in 2023, Griffin co-founded Intensity Infrastructure Partners and served as chief executive officer.
Read more on DTN:
“Iowa Supreme Court Sides With Summit,” https://www.dtnpf.com/…
“Pipeline Project Greenlighted in Iowa,” https://www.dtnpf.com/…
“SD Supreme Court Sides With Landowners,” https://www.dtnpf.com/…
Todd Neeley can be reached at todd.neeley@dtn.com
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