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Transaction

Bio-Logical - Rubicon Carbon biochar offtake

Terms

Not ranked
Offtake, therefore not eligible for carbon financing league table
Announced
22 Aug 2025
Instrument
Offtake
Amount
Undisclosed

Parties

Project developer
Bio-Logical
Country
Kenya

Carbon

Pathway
Biochar
Project type as recorded
Biochar, Puro.earth CORCs

What happened

Offtake agreement over biochar carbon removal certificates issued under the Puro.earth methodology, with Bio-Logical expected to begin delivering credits in 2026. Volume, term and value are not disclosed. Recorded, not ranked: no source states that capital moved before the credits did, and silence on payment timing means it does not rank. Every party is an offtaker, so the parties carry Credit = Buyer and Party class = Infrastructure and none is a capital provider.

Kumo note

Biochar from a Kenyan producer contracted into a US-managed portfolio, which is the route by which small distributed pyrolysis operations reach corporate buyers at all. Delivery does not begin until the year after signing, so the contract is doing the work of a forward order book rather than of a spot purchase.

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