On October 23, 2025, Low Carbon Infrastructure (LCI), I Squared Capital, and Google announced a landmark clean energy deal to develop the Broadwing Energy Project, an over-400-MW and over-1.5-million-pounds-of-steam-an-hour natural gas-fired cogeneration power plant integrated with carbon capture and sequestration (CCS) technology, located at an Illinois industrial facility operated by Archer Daniels Midland (ADM). Wilson Sonsini Goodrich & Rosati advised LCI on the transaction with Google and previously announced transactions with ADM.

The deal marks the first-ever corporate offtake agreement for a CCS-enabled power plant, demonstrating a new model for scaling clean, firm generation that complements renewable power sources. When operational, the Broadwing project will capture and permanently store approximately 90 percent of its CO₂ emissions while generating more than 400 MW of clean power and steam for sale to ADM and Google. It represents the first in a pipeline of CCS-enabled facilities under development by I Squared and LCI aimed at expanding clean, firm generation capacity across North America and supporting the decarbonization of heavy industry.

The Wilson Sonsini team that advised LCI on the transactions included Todd Glass, Karli Upfill-Brown, Nic Gladd, Kate Ashbolt, and Nadia Senter.

For more information, please see the companies’ joint news release and Google’s blog post.