Osaka Gas backed-Osaka Gas Energy Oceania completed the acquisition of a $16.7% stake in Australian Integrated Carbon.

Osaka Gas backed-Osaka Gas Energy Oceania, a subsidary of Osaka Gas, completed the acquisition of a $16.7% stake in Australian Integrated Carbon, a company engaging in obtaining and selling carbon credits from regeneration of native woodlands. Financial terms were not disclosed. Osaka Gas maintains committed in making steadfast progress towards realising a low carbon society and is thrilled with the opportunity to learn from the advanced expertise of Australia's carbon credit business through this collaboration with AI Carbon.