Ontario Teachers’ invest $250M in Carbon Credits Developer
Publication Date:
Dec 10, 2021
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Ontario Teachers’ Pension Plan invests $250M in GreenCollar, a Sydney-based carbon credits developer.
Ontario Teachers’ estimated $250M investment will give them 33% ownership.
Ontario Teachers’ and KKR have paired together before joining a $5.2 billion acquisition deal for Spark Infrastructure. GreenCollar’s business model is simple: enter a partnership with land managers – and develop land-based environmental projects that cover carbon, water, nature, and plastics.
Many of their projects protect forests and restore the land. GreenCollar also helps land managers with outcomes, regulatory approvals, auditing, monitoring, and reports.
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