Carbon Streaming agrees to sell Community Carbon stream, credits inventory for US$ 6 million

Bitget2026/10/01 22:30

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Carbon Streaming agreed to terminate its Community Carbon Stream in exchange for total consideration of USD 6 million.
Deal includes transfer of its remaining carbon-credit inventory tied to the stream to Community Carbon and UpEnergy Group.
USD 2.35 million has been received from sales of CORSIA-tagged Tanzanian cookstove credits to a third-party buyer.
Remaining USD 3.65 million is set to be paid from escrow, subject to confirmation the full escrow amount is in place.
Closing is expected within 10 business days, with mutual releases ending future obligations between the parties.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Carbon Streaming Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610011830PRIMZONEFULLFEED9838269) on October 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Carbon Streaming agrees to sell Community Carbon stream, credits inventory for US$ 6 million

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