Summit Carbon Solutions Announces the Addition of Executive Vice President

wade

Summit Carbon Solutions is pleased to announce Wade Boeshans has joined the company as Executive Vice President. Mr. Boeshans is a seasoned executive with a diverse background of management and operations experiences in the energy industry. Throughout his career, Mr. Boeshans has led strategic initiatives to reduce the carbon footprint and improve the competitiveness of the operating companies he has managed, including carbon capture and storage. His intimate understanding of North Dakota’s heritage and leadership in energy policy formation and his knowledge of the carbon storage industry will be crucial to the success of Summit Carbon Solutions as it builds out the largest carbon capture business in the world that will store over 10 million tons of carbon dioxide per year in North Dakota.

Most recently, Mr. Boeshans was President and General Manager of BNI Energy, a value-added energy services and infrastructure company headquartered in Bismarck, North Dakota, operating as a subsidiary of ALLETE, a diversified, publicly-traded energy company with a market cap of more than $3.5 billion. Prior to overseeing BNI Energy, Mr. Boeshans held multiple operations roles across the company. Previously, Mr. Boeshans held engineering and operations roles with Washington Group International, an integrated engineering, construction, and management services firm. Mr. Boeshans received his undergraduate degree from North Dakota State University and completed the University of Minnesota Carlson School Executive program. Mr. Boeshans has served on the North Dakota EmPower Commission since 2014, an energy policy commission appointed by the Governor of North Dakota. In 2018, Mr. Boeshans was named Chairman of the Lignite Energy Council. He is the Chairman of the Bismarck State College Foundation Board and was appointed to the National Coal Council by the US Secretary of Energy in 2019.

“First and foremost, as a fourth-generation North Dakotan, I am excited to join Summit Carbon Solutions and continue leading the development of carbon management solutions that are strategic to the continued success of North Dakota’s two largest industries, energy and agriculture. North Dakota is uniquely situated to meet the demand for environmentally and economically sustainable energy. Not only will the Company create numerous jobs and economic value in the state, but it will also propel North Dakota as a carbon storage and management leader,” said Mr. Boeshans. “Summit Carbon Solutions will be pivotal in carrying out Governor Burgum’s goal of getting North Dakota to net-zero by 2030.”

“Wade is one of the most knowledgeable executives regarding carbon capture and storage we have had the chance to interface with. Wade will be a key member of Summit Carbon Solutions’ executive team as we establish the business in North Dakota and carry out the strategy of storing more than 10 million tons of CO2 per year,” said Bruce Rastetter, CEO of Summit Agricultural Group. “Pairing his carbon capture expertise with his deep roots in North Dakota, Wade is a perfect fit for Summit Carbon Solutions.”