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Kimmeridge Puts $200 Million Into Carbon Offsets Startup
April 15, 2022
The carbon offset market receives another financial boost this month. The private-equity firm Kimmeridge Energy Management has invested up to $200 million into its own carbon offsets startup Chestnut Carbon.
Chestnut Carbon is a leading nature-based carbon offsetting platform. It already has experience developing such projects from start to finish. It is a fully integrated carbon offset developer, as it has proprietary measurement technology, experience with a range of verifiers and landowners. It ensures the accuracy and reliability of the carbon credits.