EMEA > Africa > $6 mln offset project buyout collapses after purchaser said to miss closing payment

$6 mln offset project buyout collapses after purchaser said to miss closing payment

Published 01:42 on July 1, 2026 / Last updated at 01:42 on July 1, 2026 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia), EMEA (Africa), Net Zero Transition (Litigation), Voluntary (VCM Developments)

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A planned $6 million buyout of a portfolio of offset projects has collapsed after the purchaser failed to make the required closing payment by the contractual deadline, leaving the original agreement in place and setting the stage for potential legal action, according to a company announcement late Tuesday.
A planned $6 million buyout of a portfolio of offset projects has collapsed after the purchaser failed to make the required closing payment by the contractual deadline, leaving the original agreement in place and setting the stage for potential legal action, according to a company announcement late Tuesday.


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