Green Earth signs Uganda carbon credit offtake deal worth up to USD 16.3 million
Reuters2026/08/11 06:10Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Green Earth signed a long-term VERPA with an international energy company for CO2 credits from its Bulindi agroforestry project in Uganda.
- Buyer committed to 262,400 verified CO2 credits for delivery in 2027-2031, representing about USD 4.8 million of contracted future sales.
- Contract includes a USD 141,600 option premium for rights to buy up to 566,400 additional credits through 2035.
- Full option exercise would lift the agreement’s total potential value to about USD 16.3 million, including the option premium.
- Management said the deal lifts the order book to more than EUR 50 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Green Earth Group NV published the original content used to generate this news brief on August 11, 2026, and is solely responsible for the information contained therein.
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