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Transaction

InfiniteEARTH - Rimba Raya carbon stream (Aug 2021)

Terms

Announced
3 Aug 2021
Instrument
Debt · StreamingCapital advanced now against a share of the credits the project delivers later.
Amount
US$22.3mReported as US$22.3m (stream portion of US$26.3m upfront cash)

Parties

Project developer
InfiniteEARTH
Country
Indonesia
Capital providers
Capital providers and the amount counted for each
PartyRoleAmountBasis
Carbon StreamingStream funderUS$22.3mDisclosed

Carbon

Pathway
Other

What happened

Carbon Streaming Corporation entered into a carbon stream agreement on the Rimba Raya Biodiversity Reserve with InfiniteEARTH. Booked at the US$22.3m paid for the carbon stream; the company's AIF confirms the deposit was paid.

Kumo note

- Carbon stream into an existing REDD+ reserve, alongside a separate strategic alliance with the founders.

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