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Announced

OTPP to acquire a majority stake in GreenCollar from KKR.

Synopsis

Ontario Teachers’ Pension Plan, a single-profession pension plan, agreed to acquire a majority stake in GreenCollar, an environmental markets platform, from KKR, a global investment firm. Financial terms were not disclosed. “We are pleased to increase our investment in GreenCollar and to continue supporting James and his team in their mission to restore and enhance natural capital in areas like biodiversity and water quality. GreenCollar is a proven leader in delivering positive environmental outcomes with market-based solutions and we are excited to continue supporting the company in its next chapter of growth in Australia and beyond. We’d like to thank the team at KKR for their support and partnership on this investment,” Christopher Metrakos, OTPP Senior Managing Director, Natural Resources.

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