Pulsar Helium Outlines Development and Project-Financing Strategy for Commercial-Scale Helium & CO₂ Plant

Pulsar Helium announced its development strategy for a commercial-scale helium purification and liquefaction plant combined with a CO₂ processing facility in Minnesota. The company accepted a binding proposal from Chart Energy & Chemicals (Baker Hughes subsidiary) for US$85.5 million in equipment supply. Pulsar plans to fund the project primarily through project-level debt and public-sector financing, supplemented by existing cash resources, while pursuing discussions with University Bank, DEED, USDA Rural Development, and Minnesota's IRRR for financing support.