The boom in carbon offsets – and confidence in the robustness of the regulations that sit behind the market – have not gone unnoticed by international dealmakers.
Now, Sydney-based buyout firm Adamantem Capital plans to test the appetite of offshore and local parties looking for an established local beachhead, and has hired UBS to help it find a buyer for its carbon farming services provider, Climate Friendly.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com