Tag: Conservation Transaction2
Impact Companies Tag: Conservation Transaction 2
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Company
Chateaugay Woodlands
United States of America
The 85500 acre Chateaugay Woodlands property is located in the northern part of New York Adirondack State Park. Chateaugay WoodlandsIt was purchased in 2004 as part of a larger conservation transaction in which The Nature Conservancy acquired the adjacent 20000 acres in fee and the right to purchase an assignable conservation easement on the lands acquired by Lyme. Lyme obtained Forest Stewardship Council (FSC) certification for its timber operations and sold a working forest conservation easement on the property to the State of New York. Lyme sold the property to a private timberland investment group in 2009.
Company
Talisheek Pine Savanna
United States of America
Talisheek Pine Savanna acquired in 2008 consists of 2510 acres of land adjacent to an important Nature Conservancy preserve in eastern St. Tammany Parish Louisiana. Long leaf Pine stand Talisheek Pine SavannahThe property contains wetlands working forests and endangered species (namely the gopher tortoise). Lyme and its joint venture partner Ecosystem Investment Partners have established this property as an approved wetland and endangered species mitigation bank. An initial batch of mitigation credits were released and sold.