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Marin Katusa’s Carbon Streaming Is Making New Acquisitions

July 5, 2024
x min read

One of the first carbon credit companies to ever go public in Canada is expanding.

What’s happening:

  • Carbon credit company Carbon Streaming (CBOE:NETZ) has announced they have acquired Blue Dot Carbon
  • Blue Dot Carbon owns a significant equity stake in a privately held carbon project development company as well as option rights to invest in future reforestation projects

Why it matters:

By the numbers:

  • The acquisition of Blue Dot Carbon by Carbon Streaming was done in an all stock deal for $2.5M CAD

Going deeper:

  • Carbon Streaming has multiple notable partnerships to sell carbon dioxide removal credits generated by their projects, including a deal with Microsoft (NASDAQ: MSFT) which is focused on their Waverly Biochar projected located in Waverly, Virginia

The intrigue:

  • Legendary Canadian financier and natural resource entrepreneur Marin Katusa is a founding shareholder of Carbon Streaming

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