Global Investment Firm Acquires Stake in Environmental Markets Platform

Ontario Teachers’ Pension Plan (Ontario Teachers) and KKR, a leading global investment firm have announced the signing of a definitive agreement under which Ontario Teachers will acquire KKR and other shareholders’ stakes in GreenCollar, a leading Australian environmental markets platform. Financial terms of the transaction were not disclosed.

Ontario Teachers first became an investor in GreenCollar in March 2022. With this latest investment, Ontario Teachers deepens its relationship with GreenCollar, taking on a significant majority stake in the Company, with GreenCollar CEO and Co-founder James Schultz continuing to lead the business and remaining a significant shareholder.

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.

GreenCollar is a profit-for-purpose organisation, and the leading environmental markets project developer and investor across the climate, water quality, biodiversity, and plastics markets in Australia.

Founded in 2011, GreenCollar works with landowners and managers throughout Australia to develop projects that create commercial opportunities by generating environmental credits, while caring for the environment.

GreenCollar’s management team is widely recognised as thought leaders in the environmental markets industry.

Christopher Metrakos, Senior Managing Director of natural Resources at Ontario Teachers’, said: “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.”

“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. We’d like to thank the team at KKR for their support and partnership on this investment.”