Herbert Smith Freehills Kramer has advised the Clean Energy Finance Corporation (CEFC) on its A$40 million investment in an A$81 million forestry plantation project in the Tiwi Islands, owned by Tiwi Plantations Corporation and managed by plantation and carbon management investment company, Midway Pty Ltd.
The CEFC’s investment will support one of Australia’s largest nature-based carbon initiatives for the planting native species to produce sustainable timber. The initiative is projected to generate 5 million high-integrity Australian Carbon Credit Units. The Tiwi Plantations Corporation is owned, operated and governed by all eight Tiwi clans, and will deliver substantial economic benefits for the Tiwi community, including training and employment opportunities.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
