Citigroup completes $72 million bond issuance for biochar carbon removal project
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View chart & analysis → - 1Citigroup completed a $72 million bond issuance this week for a biochar carbon removal project.
- 2The bond will be held for 3 years and 6 months to support Applied Carbon's Texas project.
- 3Applied Carbon has contracted more than 198,190 tons of carbon dioxide removal to date.
So what's the key point?
Citigroup issued $72 million in bonds. The funds will be used to support Applied Carbon's project.
Source ESG Dive · View original ↗
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