Canada Pension Plan led a $160m series B round in Chestnut Carbon.

Canada Pension Plan, a global investment management organization, led a $160m series B round in Chestnut Carbon, a US-based environmental services company specializing in nature-based carbon removal solutions, with participation from Kimmeridge, Cloverlay and DBL Partners. "With our investment in Chestnut, we see the potential to raise the bar by helping to create the industry leader in providing high-quality carbon offsets at scale, delivering economic and quality-of-life benefits to rural communities, and opportunities to strengthen the health and resilience of our land," Nancy Pfund, DBL Partners Founder and Managing Partner.