Kumo
← All funds raised

Fund or vehicle

NextGen CDR Facility

Entity

Manager
NextGen (South Pole / Mitsubishi Corporation JV)
Manager type
Corporate
Vintage
2022
Announced
May 2023
Status
Announced
Strategy
Offtake-purchase
Instrument focus
Offtake
Geography
Global
Pathway focus
Permanent CDR (BECCS, DAC, biochar, ERW)
Market
Voluntary

Capital raised

Raised
Undisclosed

Named LPs

  • South Pole
  • Mitsubishi Corporation (JV partners)
  • Boston Consulting Group
  • Mitsui O.S.K. Lines
  • LGT
  • Swiss Re
  • UBS (buyers)

Pools of capital, not transactions. A fund here and the deals it later does are separate records, and are never added together.

Know more about this fund?

Tell us what is missing or wrong, and where you read it.

Next step

Capital Connections

Meet the other side of deals like these.

Kumo introduces assessed projects to capital providers whose mandate fits, whichever side you are on.

Get started

Free to explore. No card required.

Terminal

Compare the transactions behind these figures.

Pricing, structures and comparables across Kumo's carbon finance dataset.

Explore the Terminal
Opens in a new tab

Cookie settings

Choose which cookies to allow. You can change this at any time from the Cookie settings link in the footer.

Needed for the site to work, including your cookie choice itself. Always on, and exempt from consent.
Google Analytics, to count visits and see which pages are read. Off by default.
HubSpot, to connect an enquiry you send us with the pages you looked at first. Off by default.