Deals

Breakthrough Energy Ventures, a VC fund founded by Bill Gates, contributed to a $12m second-phase seed round alongside Harvest Road and other investors.

The sale price of A$100m for Cherylton Farms is a record for the region for a mixed-farming asset sold on a walk-in, walk-out basis.

Beetaloo Aggregation in Northern Australia presents ‘huge’ carbon offset opportunity across more than 1 million ha.

Sundrop Farms will be the second asset in the Centuria Agriculture Fund, joining a glasshouse estate previously owned by Roc Partners’ Flavorite.

The open-end strategy was launched in November and has a capital raising target of at least $1bn, head of timberland investments Chris Lipton confirms to Agri Investor.

The French firm said it will be ‘expanding its range of sustainable thematic products with the launch of nature-based solutions, likely to cover areas such as forestry, agriculture and carbon optimization.’

Proterra Investment Partners has completed the sale of the Vaucluse aggregation in Tasmania to an unidentified buyer.

The Cibus Funds’ Alastair Cooper says generalist investors backing production of a granular phosphate product reflects wider capital pools being attracted to the entire supply chain.

Chair Tim Samway tells Agri Investor the fund manager was ‘unable to continue’ in its previous form, with all options on the table for how to proceed.

Bluesource Sustainable Forests Co. vice president Aaron Paul says the collaboration with credit-focused Oak Hill Advisors represents a ‘private equity bet on the carbon markets.’