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Transaction

Standard Biocarbon - Enfield biochar stream (Nov 2022)

Terms

Announced
3 Nov 2022
Instrument
Debt · StreamingCapital advanced now against a share of the credits the project delivers later.
Amount
US$0.50mReported as US$0.5 million paid at closing

Parties

Project developer
Standard Biocarbon
Country
United States
Capital providers
Capital providers and the amount counted for each
PartyRoleAmountBasis
Carbon StreamingStream funderUS$0.50mDisclosed

Carbon

Pathway
Biochar

What happened

Carbon Streaming Corporation made an upfront deposit of US$0.5m at closing of a biochar stream with Standard Biocarbon Corporation for the Enfield pilot in Maine. Milestone payments are not booked.

Kumo note

- Stream and royalty into a biochar carbon removal project in Maine.

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