Roc Partners portfolio company Stone Axe’s lease of Dyamberin will end ahead of its 10-year agreement.
The Aither Entitlement Index has declined due to economic pressures, although prices could be set to rise as the government purchases water through its voluntary scheme.
Africa-focused Helios Investment Partners has raised around $200m for the fund, which will invest in ‘climate-smart agriculture and food’, among other sectors.
GoFarm continues divestment of 9,000ha portfolio; LandFund Partners open-end fund grows to $165 million; IFC backs BTG reforestation fund with $50 million ticket; New South Wales targets ‘high integrity’ natural capital markets; SBTi delivers first instalment of carbon credits review; deals round-up, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only. (Tips and feedback to: binyamin.a@pei.group).
Significant water entitlements are on the table in the sale of Winlaton Farms – but GoFarm is more than happy to hold onto them as Australia’s buyback scheme may affect water values.
Head of sustainability Rachel Hurley says the addition of a formal Hunting Ground devoted to decarbonization helps make investments in plastics reduction and water more likely.
The firm has a goal of increasing the size of the 2021-vintage to $1bn but says it is not in a rush to reach the target.
New South Wales minister for the environment Penny Sharpe says the state wants to create transparent and efficient biodiversity markets to attract capital.
The Munich Re subsidiary has made the acquisition on behalf of an unnamed client that aims to pursue an agricultural growth strategy in the country.
Argyle Group will become a pure-play water rights investment manager under the Regal banner, sitting alongside Kitler Rural and Merricks Capital.