Terms
- Announced
- 15 Dec 2021
- Instrument
- Debt · Pre-purchaseCredits paid for before they are delivered, which finances the project.
- Amount
- US$0.50mReported as US$500,000 for 256 t
- Source
- stripe.com
Parties
- Project developer
- Ebb Carbon
- Country
- United States
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Stripe Climate Pre-purchaser US$0.50m Disclosed
Carbon
- Pathway
- Ocean alkalinity / marine CDR
What happened
- Stripe Climate Fall 2021 carbon removal purchase of 256 t, paid up front ahead of delivery, per Stripe's release and published purchase agreement.
Kumo note
- A pre-purchase paid before any tonnes were delivered: the buyer funded the build rather than paying on delivery.
Know more about this transaction?
Tell us what is missing or wrong, and where you read it.
Next step
Capital Connections
Meet the other side of deals like these.
Kumo introduces assessed projects to capital providers whose mandate fits, whichever side you are on.
Get started
Free to explore. No card required.
Terminal
Compare the transactions behind these figures.
Pricing, structures and comparables across Kumo's carbon finance dataset.
Explore the Terminal