Drylandcarbon is a partnership of four kiwi companies:
Air New Zealand, Contact Energy, Genesis Energy and Z Energy
It has established a geographically diversified portfolio of exotic forests for both timber and carbon credits to meet their compliance surrender obligations under the New Zealand Emissions Trading Scheme.
The Partnership is managed by a Lewis Tucker & Co management enterprise.
Lewis Tucker is an advisory and investment banking firm specialising in the agribusiness and forestry sectors. It has a wide variety of clients and anchors its service offering on being a reliable transparent advisory partner to investors and participants in the agribusiness and forestry sectors.
Drylandcarbon was formed in 2019 and has planted approximately 10,000 hectares of steeper, economically marginal farmland that it has either purchased or entered into a joint venture with a landowner. This fund was closed in early 2022 and is not seeking any additional forestry. Drylandcarbon will continue to manage its forestry portfolio on an ongoing basis to ensure the generation of high-quality carbon and timber outcomes.