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Blue Ridge landscape overlooking rolling forests News

Bluesource and Oak Hill Advisors launch $500 million joint venture to purchase forest lands for carbon projects

This press release was originally published by Bluesource. Bluesource and Element Markets merged in 2022 to form Anew Climate. Bluesource Sustainable Forests Company (BSFC) rebranded as Aurora Sustainable Lands on December 4, 2023. Bluesource, North America’s most experienced and most diversified corporate climate advisor, with investment partner Oak Hill Advisors, a leading alternative investment firm with […]

Oct 12, 2021

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Adirondack forestland during the winter, blanketed in snow News

Bluesource Sustainable Forests Co. (Joint Venture between Bluesource and Oak Hill Advisors) Acquires 52,000-acre Adirondack Forestland

The following information was first published by Bluesource on Tuesday, Apr 12, 2022 prior to the launch of Anew. Purchase marks BSFC’s first acquisition since its formation in October 2021, backed by $500 million of capital committed by OHA and its investors. Salt Lake City, UT: Bluesource Sustainable Forests Co. (“BSFC”), a joint venture between Oak […]

Apr 12, 2022

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Michigan treeline during the day News

29,000-acres in Michigan Purchased for Carbon Development by BSFC, Oak Hill Advisors

Bluesource Sustainable Forests Co. (“BSFC”) has purchased 29,019 acres of forestland in northern Michigan from the affiliates of The Lyme Timber Company.  BSFC is a joint venture between Oak Hill Advisors, L.P. (“OHA”) and Anew Climate, LLC. This purchase marks BSFC’s third forestland acquisition since its formation in October 2021, following two purchases totaling 52,000 […]

Oct 20, 2022

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Burnt Mountain image of forest News

Anew and OHA-Led Investor Consortium Acquire 1.7 Million Acre Timberland Portfolio to Expand Improved Forestry Management for Climate Action

Anew Climate, LLC (“Anew”) announced today the acquisition of entities managed by The Forestland Group (“TFG”) which includes a 1.7-million-acre timberland portfolio. The acquisition was completed by Blue Source Sustainable Forests Company (“BSFC”), a joint venture with Oak Hill Advisors, L.P. (“OHA”) focused on forest acquisitions and sustainable forest management. BSFC has also entered into […]

Nov 2, 2022

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LR Deal of the Year 2022 badge over lush green forest News

BSFC Wins The LandReport 2022 Deal of the Year

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 […]

Jun 8, 2023

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Burnt Mountain picture of forest stream News

Anew Climate’s BSFC Subsidiary Awarded ESG Investment Initiative of the Year

Anew Climate’s Blue Source Sustainable Forests Company (BSFC) has been awarded ESG Investment Initiative of the Year, North America by Environmental Finance. Winners were announced on the publication’s website on June 28, following a nomination and judging process that sought to discover and recognize major achievements in sustainable investing. BSFC, a wholly owned subsidiary of Anew Climate […]

Jun 29, 2023

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Image of eastern United States forests News

Blue Source Sustainable Forests Co. advances its carbon-first strategy and rebrands the company Aurora Sustainable Lands™

Blue Source Sustainable Forests Company (BSFC), a joint venture between Anew Climate and an equity investment consortium led by Oak Hill Advisors, announced today that the company has enrolled 1.65 million acres of historically industrial American forestlands into its carbon-first management projects, shifting the primary use of this land from timber harvesting to long-term carbon sequestration. In the […]

Dec 4, 2023

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Burnt Mountain image of forest News

Anew Climate Delivers Forest Carbon Removal Credits to Microsoft

Purchase further demonstrates the significant role high integrity nature-based carbon solutions play as part of a holistic corporate climate action plan Anew Climate, LLC, a global leader of diverse climate solutions, announced today that it has signed an agreement with Microsoft to deliver more than 970,000 nature-based carbon removal credits as part of Microsoft’s commitment to becoming carbon negative […]

Jun 11, 2024

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Empire Riverlands image News

TotalEnergies Invests in Sustainable Forestry Operations to Preserve Sustainable Carbon Sinks

TotalEnergies has signed a $100 million agreement with Anew Climate, a North American leader in climate solutions, and Aurora Sustainable Lands, a carbon-stewardship company and forest landowner in the U.S. to deploy their projects aimed at protecting productive forests from heavy timber harvesting, advancing conversion to sustainable management practices, and enhancing their ability to store […]

Aug 30, 2024

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International Sustainable Forestry Coalition welcomes new member Aurora Sustainable Lands

The International Sustainable Forestry Coalition (ISFC) welcomes a new member company, Aurora Sustainable Lands. Aurora Sustainable Lands stewards 1.7million acres in 14 states in the USA which includes about 5,500 miles of streams. Independent Chair of the ISFC, Dr. David Brand said, “The ISFC Board is pleased to welcome Aurora Sustainable Lands to the Association and Board. […]

Jun 27, 2025

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Aurora Hosts Media Tour of Apalachicola River Basin Project

Aurora’s recent media tour of our Florida property was a powerful demonstration of how innovative conservation strategies are shaping a more resilient Southeast. Set against the backdrop of the Apalachicola River Basin, the tour highlighted how forest conservation—supported by carbon offset initiatives—is playing a critical role in protecting Florida’s landscapes and communities from the growing […]

Jul 7, 2025

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Anew Climate and Aurora Sustainable Lands Issue Carbon Credits Under ACR’s IFM 2.1 Methodology, Setting a New Standard for Forest Carbon Integrity

Aurora Sustainable Lands and Anew Climate combine proven land stewardship and innovative, technology-driven carbon quantification to deliver verifiable climate benefits. Anew Climate, the world’s largest generator of certified, verified carbon removals today, and Aurora Sustainable Lands, one of the largest private U.S. forestland landowners, announced the issuance of carbon credits from three Aurora-owned properties—Big Poplar, […]

Dec 9, 2025

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