Summit Carbon Solutions is an Iowa-based company with hundreds of investors – in fact, the majority are Midwest-based consisting of Midwestern farmers and landowners, ethanol plants and their shareholders, and local business owners – we are proud of our Midwest heritage and the positive long-term impact it will have on the ag and biofuels industries.
Silk Road has zero control or influence over Summit, and any suggestion otherwise would be incorrect. Importantly, Summit has never received any direct investment from China. TPG Rise Climate, who has a non-controlling stake in Summit, has accepted non-controlling investments from institutions across the US, Canada, and around the world, including Silk Road. These investors are TPG Rise Climate’s Limited Partners, and by definition have no control over TPG Rise Climate’s investments.
