Green Earth Group - international energy company offtake (Bulindi)

Terms

Not ranked

Offtake, therefore not eligible for carbon financing league table

Announced

11 Aug 2026

Instrument

Offtake

Amount

US$4.80mReported as US$4.8m firm contracted, up to approximately US$16.3m if the option is exercised in full

Source

green.earth

Parties

Project developer

Green Earth Group N.V. (formerly DGB Group N.V., Euronext Amsterdam)

Country

Uganda

Capital providers

Not recorded

Carbon

Pathway

ARR (afforestation, reforestation, revegetation)

Project type as recorded

Afforestation, Reforestation & Revegetation (ARR) - agroforestry

What happened

Long-term forward offtake over credits from the Bulindi Agroforestry and Chimpanzee Conservation Project in Uganda, announced by Green Earth Group (formerly DGB Group, Euronext Amsterdam) on 11 August 2026. US$4.8m of firm contracted future sales for delivery between 2027 and 2031, with an option that would take the total to approximately US$16.3m and extend delivery through 2035. The buyer is described only as a leading international energy company. The company states that the contractual delivery volumes and unit pricing are commercially sensitive and are not disclosed, so no volume or per-credit price is recorded here.

Kumo note

A listed developer contracting future credit sales rather than selling spot, which is what turns a project pipeline into something a lender or an equity investor can underwrite. Note the shape: a firm tranche to 2031 and a much larger option running to 2035, so most of the headline value is the buyer's right to take more rather than a commitment to. The seller has disclosed the contract value and expressly withheld the volume and the price per credit, which is a fair summary of how much of this market is visible from the outside.

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