Carbon Streaming Sells Carbon Credits for $6 Million
News related to:Carbon Streaming · 1 min read
TORONTO, Oct. 01, 2026 /CourierPR/ -- Carbon Streaming Corporation has reached a significant milestone by selling 100% of the Community Carbon Stream and inventory of carbon credits for a total consideration of US$6.0 million. This transaction, which marks a pivotal shift in the company's strategy, is expected to be fully closed within ten business days, subject to the satisfaction of certain conditions.
The deal, which was announced in a press release, involves a complex arrangement that includes the sale of certain CORSIA-tagged Tanzanian cookstove carbon credits. Specifically, Carbon Streaming will receive US$2.35 million from the sale of these credits to a third-party purchaser. Additionally, US$1.47 million of proceeds from the sale of similar carbon credits by the UPE Parties will be deposited into an escrow account and paid to Carbon Streaming. A further US$2.18 million has already been deposited by the UPE Parties into the escrow account, with the remaining US$3.65 million expected to be released to Carbon Streaming upon the satisfaction of the closing conditions.
Katusa further explained that the current carbon credit market remains challenging, with CORSIA-tagged credits selling for above US$8 per credit, while non-CORSIA-tagged credits in the portfolio have seen limited to no buyer interest over the last 12 months. This Agreement monetizes the current value of the Community Carbon Stream and the inventory of carbon credits by selling for a total consideration of US$6.0 million and receiving the entire amount upfront.
The company will continue to focus on maximizing value for shareholders in its existing portfolio and pursuing strategic opportunities. This includes ongoing litigation against certain former executives, board members, consultants, and associated entities to hold them accountable for actions that have caused financial harm to the company.
Carbon Streaming's focus remains on optimizing its current portfolio of projects to maximize shareholder value. The company will continue to evaluate acquisitions, divestments, corporate transactions, financings, and other strategic partnership opportunities that will result in maximizing shareholder value.