Ontario Teachers’ Pension Plan has agreed to acquire KKR and other shareholders’ stakes in GreenCollar, an Australian environmental markets platform.
Ontario Teachers’ first became an investor in GreenCollar in March 2022. Ontario Teachers’ Natural Resources group, which is part of the infrastructure and natural resources department, has significant experience investing in agriculture, aquaculture, timberland and natural climate solutions, including in Australia where it has a large agriculture portfolio.
“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,” states Christopher Metrakos, senior managing director, Natural Resources at Ontario Teachers’. “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.
KKR was advised by Gilbert & Tobin and UBS. Ontario Teachers’ was advised by Baker & McKenzie and EY.