BSFC Wins The LandReport 2022 Deal of the Year
Published on Thursday, Jun 8, 2023 | Washington D.C.
The following information was first published by Bluesource on Wednesday, Jun 28, 2023 prior to the launch of Anew.
BSFC proudly acquired a 1.7-million-acre timberland portfolio from The Forestland Group for $1.8 billion, marking a groundbreaking achievement in carbon-centric forest investments. This acquisition, featuring diverse hardwood species, highlights a forward-thinking approach that prioritizes carbon sequestration over traditional logging. By planning to harvest only 10-20% of the annual timber growth, BSFC is setting a new standard in creating carbon offsets and investing in carbon markets. This innovative strategy underscores a commitment to environmental sustainability and long-term carbon storage, paving the way for a greener future.
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The LandReport
2022 Deal of the Year: BSFC Acquires Forestland Group Portfolio