News, Events & Insights

News


  • Chestnut Carbon Signs 15-Year Carbon Credit Offtake Agreement With Microsoft

    Chestnut Carbon Signs 15-Year Carbon Credit Offtake Agreement With Microsoft

    Chestnut Carbon, a nature-based carbon removal developer founded by private investment firm Kimmeridge Energy Management Company, LLC, today announced that it has entered into a multi-year offtake agreement to provide Microsoft with high-quality, nature-based carbon removal derived entirely from a novel afforestation project based in the United States. This is the largest afforestation project certified…

    Read more: Chestnut Carbon Signs 15-Year Carbon Credit Offtake Agreement With Microsoft

  • Microsoft inks 15-year nature-based carbon removals deal with US-based Chestnut Carbon

    Microsoft inks 15-year nature-based carbon removals deal with US-based Chestnut Carbon

    The deal is covers the removal of 2.7 million tonnes of CO2 from the atmosphere over 15 years in order to support Microsoft’s climate ambitions. Read more

    Read more: Microsoft inks 15-year nature-based carbon removals deal with US-based Chestnut Carbon

  • Chestnut Carbon to Deliver High-Quality Carbon Removal Credits through a Multi-year Offtake Agreement with Microsoft

    Chestnut Carbon to Deliver High-Quality Carbon Removal Credits through a Multi-year Offtake Agreement with Microsoft

    Chestnut will Remove 362,000 Tons of Carbon for Microsoft in Phase I of the Largest U.S. Gold Standard-Registered Afforestation Project NEW YORK, Dec. 20, 2023 /PRNewswire/ — Chestnut Carbon (“Chestnut”), a nature-based carbon removal developer founded by private investment firm Kimmeridge Energy Management Company, LLC (“Kimmeridge”), today announced that it has entered into a multi-year…

    Read more: Chestnut Carbon to Deliver High-Quality Carbon Removal Credits through a Multi-year Offtake Agreement with Microsoft

  • Microsoft inks carbon removal deal with offsets startup Chestnut

    Microsoft inks carbon removal deal with offsets startup Chestnut

    Dec 20 (Reuters) – Microsoft Corp (MSFT.O) has struck a deal with offsets startup Chestnut Carbon to acquire credits linked to the removal of carbon dioxide from the atmosphere, the firms said Wednesday, as part of the tech giant’s push to meet its sustainability goals. Unlike other offset deals that generate credits by preserving trees,…

    Read more: Microsoft inks carbon removal deal with offsets startup Chestnut

  • ESG Today – Microsoft Signs Deal to Remove up to 3 Million Tons of Carbon Through U.S. Forest Project

    ESG Today – Microsoft Signs Deal to Remove up to 3 Million Tons of Carbon Through U.S. Forest Project

    Microsoft and nature-based carbon removal startup Chestnut Carbon announced today a 15-year offtake agreement, with Chestnut providing Microsoft with potentially more than 3 million tons of nature based credits from its U.S.-based afforestation project. The deal includes the removal of 362,000 tons of carbon in its first phase, and up to 2.7 million tons in…

    Read more: ESG Today – Microsoft Signs Deal to Remove up to 3 Million Tons of Carbon Through U.S. Forest Project

  • Chestnut Carbon Bolsters Leadership Team To Accelerate Nature-Based Carbon Removal Projects

    Chestnut Carbon Bolsters Leadership Team To Accelerate Nature-Based Carbon Removal Projects

    Greg Adams to serve as Chief Financial Officer; Shannon Smith to serve as Chief Commercial Officer Chestnut develops the highest-quality nature-based carbon credits to help sustainability-focused companies achieve their net zero goals NEW YORK, Sept. 22, 2023 /PRNewswire/ — Chestnut Carbon (“Chestnut”), a nature-based carbon offset developer founded by private investment firm Kimmeridge, today announced…

    Read more: Chestnut Carbon Bolsters Leadership Team To Accelerate Nature-Based Carbon Removal Projects

  • Kimmeridge Puts $200 Million Into Carbon Offsets Startup

    Kimmeridge Puts $200 Million Into Carbon Offsets Startup

    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…

    Read more: Kimmeridge Puts $200 Million Into Carbon Offsets Startup

  • Kimmeridge Energy backs Chestnut Carbon

    Kimmeridge Energy backs Chestnut Carbon

    Kimmeridge Energy Management has pledged up to $200 million to back Chestnut Carbon, The Wall Street Journal reported. The startup plans to develop new forests to help create carbon-offset credits. Read more

    Read more: Kimmeridge Energy backs Chestnut Carbon

  • Kimmeridge Energy Commits $200 Million to Carbon-Offset Startup Chestnut

    Kimmeridge Energy Commits $200 Million to Carbon-Offset Startup Chestnut

    Energy investor has backed Chestnut Carbon, which recently bought credit facilitator Forest Carbon Works Private-equity firm Kimmeridge Energy Management has pledged as much as $200 million to back Chestnut Carbon LLC, a startup dedicated to generating carbon-offset credits from forests. Read more

    Read more: Kimmeridge Energy Commits $200 Million to Carbon-Offset Startup Chestnut

  • Kimmeridge Launches Chestnut Carbon To Create High-Quality Nature-Based Carbon Offsets

    Kimmeridge Launches Chestnut Carbon To Create High-Quality Nature-Based Carbon Offsets

    Kimmeridge Carbon Solutions to seed Chestnut with up to $200 million Chestnut announces concurrent strategic acquisition of Forest Carbon Works, a differentiated developer of forest carbon offsets Forest Carbon Works focuses on ecological stewardship and unlocking access to carbon finance for small and family landowners – who collectively control nearly 300 million acres of U.S.…

    Read more: Kimmeridge Launches Chestnut Carbon To Create High-Quality Nature-Based Carbon Offsets

Events


  • Stakeholder Feedback Webinar

    February 6, 2024

    Stakeholder Feedback Webinar

    Please join us at an event for the Chestnut Sustainable Restoration Project’s stakeholders! We would like to invite our neighbors and community to provide feedback and help shape the project’s design.

    Read more

Insights