Asset manager Gresham House has launched a $380m fund that will create habitat banks that generate biodiversity net gain units, which will be sold to real estate developers.
'7 Brew is a prime example of a founder-led business that can really benefit from our data and expertise,' said Blackstone's Todd Hirsch.
APG, PPF and UniSuper’s forestry business Forico looks to waste for sustainable energy; and Molpus and Drax eye their own long-term forestry biomass energy generation plans. Plus: Gresham House targets a $380 million raise for a biodiversity fund; New Forests signs first deal from its sophomore tropical forest fund, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only.
A lawyer representing creditor Rabo Agrifinance told a bankruptcy court judge the universe of potential buyers for the almond portfolio is relatively small but a 'fire sale' may still be in the offing.
Seviora Capital’s T3F strategy has raised $173m to date for a 10-year closed-end fund focused on early-stage investments in agri-food companies across APAC.
The funds will be used on a project to build semi-permanent canal blocks through the peat swamp forest that will raise the water table and restore degraded land, New Forests said.
Tasmania is surrounded by sea and so has no land-based neighbors but an abundance of trees and renewable energy make the Australian state an ideal location for an e-fuel facility, Forico says.
An agreement between UK-based Drax and Molpus Woodlands Group shows how plans to build bioenergy with carbon capture (BECCs) projects could create new pulpwood demand in the years ahead.
The firm has been working with Environment Bank for two years to develop its strategy in anticipation of biodiversity net-gain credits coming into effect.
Mandalay Venture Partners hopes a commitment from Queensland Investment Corporation will help to attract more investors ahead of a final close.