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Blue Source Sustainable Forests, a JV between Anew and Oak Hill Advisors, acquires 1.7 million acres of timberland from entities managed by TFG, and has agreements to acquire an additional 200,000 timberland acres; transactions are valued at about US$1.8B

Bluesource Sustainable Forests acquires 29,019 acres of forestland in northern Michigan from Lyme Timber affiliates for carbon development; it marks third forestland acquisition for the Oak Hill Advisors/Anew Climate JV since its formation in October 2021

Bluesource plans for newly acquired 52,000 acres of timberland in New York include an active, sustainably managed working forest and 'boots on the ground' process for inventory and data-gathering on carbon sequestration; LandVest to handle logging aspect

Blue Source/Element Markets offers carbon removal credits from improved forest management portfolio; May 4 issuances to Elk and Boone Forestlands IFM projects mark world’s first removals credits to be monitored, verified, issued, publicly tagged

Bluesource proposes to Sawyer County, Wisconsin, a 40-year contract to document, maintain carbon growth over 115,000 acres of county forest; sale of carbon credits would be expected to generate nearly US$14M in first 10 years

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