Forest carbon sink sold for $63m
NZ Rural Land Co announces acquisition of North Island pine forest estate.
The 2400ha forest estate will be leased for carbon farming.
NZX-listed NZ Rural Land Company has announced the acquisition of a 2400ha pine forest estate Manawatū/Whanganui region, with the asset leased for carbon farming.
In a statement to the NZX, Rural Land Co said it had agreed to buy up to 100% of the estate for a maximum $63 million, funded by a
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