News
23 July 2025

Chestnut Carbon closes $210m financing for US afforestation project

Region:
Americas

Chestnut Carbon has closed a non-recourse project finance credit facility of up to $210 million to support its US afforestation initiatives for carbon removal. The transaction marks the first bank financing of its kind for a voluntary carbon removal project in the US, with J.P. Morgan acting as...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
27 March 2026

Are climate funds a good fit for DFIs?

DFIs are increasingly turning to funds to deploy their capital, with the product increasingly rivalling project finance structures. But the benefits in scale and risk...

Perspective
31 March 2026

Has SkyNRG removed doubts about SAF’s future?

The financing for SkyNRG’s DSL-01 SAF plant represents a bold bet on the fuel by its offtaker KLM. Until the industry can silence doubts about costs and policy support,...