Rachad ITANI

Founding Partner & CEO

Mr. Itani has been a business creator and merchant banker in Canada, the U.S., Germany, Russia and the Middle East. His career spans more than four decades of successful entrepreneurial and intrapreneurial activities. He is the lead inventor on a patent describing the commercially viable utilisation of Solid Oxide Fuel Cells (SOFC) to remove CO2 from the atmosphere while producing electricity at ultra-high efficiency and zero emission of CO2, NOx, SOx or particulates. The CO2 is injected into oil reservoirs where it enhances the recovery of crude oil reserves significantly, or into deep, unmineable coal beds, increasing the recovery of coalbed methane by up to 400%. He has also developed a methodology that delivers pure CO2 to oil-field operators at a commercially viable price that's variable and dynamically linked to the price of oil, while producing large quantities of electricity with zero emission of CO2 and sequestring more carbon than would be released when the recovered oil is eventually combusted. His development work thus enables the consumption of fossil fuels to produce electricity that's greener than solar or wind energy. A Canadian National of Lebanese descent and a native speaker in English, French and Arabic, Mr. Itani is a graduate of France’s “École des Hautes Études Commerciales” (HEC - 1980) and of the American University of Beirut (AUB - 1973).


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