Terms
- Announced
- 24 Apr 2025
- Instrument
- Debt
- Amount
- UndisclosedReported as undisclosed (US$40m across three projects)
- Source
- mirova.com
Parties
- Project developer
- Sothys GmbH - Juramento
- Country
- Argentina
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Mirova Investor Undisclosed No value disclosed
Carbon
- Pathway
- ARR (afforestation, reforestation, revegetation)
- Project type as recorded
- Restoration and reforestation of about 3,000 hectares of degraded land, Argentina
What happened
- Mirova announced a nature-based carbon investment in Juramento, a restoration and reforestation project in Argentina developed by Sothys GmbH, a collaboration between Athys Recovery Services and Sofia Commodities. The project targets approximately 3,000 hectares of severely degraded land previously cleared for intensive agriculture and cattle ranching, and aims to sequester over 2.8 million tonnes of CO2 over 40 years through reforestation with native species. Mirova's release gives US$40m invested across the three projects (Juramento, GANBOS and TERAKA) and does not split it by project, so no value is recorded on this row.
Kumo note
- - Understood to be debt: Mirova's release says only that US$40m was invested across three projects and does not state the instrument. - Juramento is one of three Mirova nature-based carbon investments announced together (with GANBOS and TERAKA); the amount for this project is not published.
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