Deal #9769

Congo, Rep.
Created at
2022-12-15
Last update
2024-06-21
Last full update
2024-06-11

Operating Company

Operating company
Actors involved in the negotiation / admission process
  • Congolese government Government / state institutions (government, ministries, departments, agencies etc.)
  • The Ministry of Forest Economy Government / state institutions (government, ministries, departments, agencies etc.)
Name of investment project
"Batéké Carbon Sink" - BaCaSi project
Comment on investment chain
TotalEnergies (previously known as Total). TotalEnergies’ partner in its Batéké Plateaux offset is the French timber consultancy Forêt Ressources Management (FRM), which provides technical support and guidance to logging and agriculture companies working in the Congo Basin. While FRM will supervise the project, the entity that holds the lease is called Forest Neutral Congo (FNC). The estimated cost of $230m over the life of the project – includes agroforestry practices developed with local communities for agricultural production and sustainable wood energy. The BaCaSi project is an ambitious partnership between, Forêt Ressources Management, a Frenchcompany, with its Congolese subsidiary Forest Neutral Congo(FNC) and the Republic of the Congo.
Network of parent companies and tertiary investors/lenders
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Legend
  • Is operating company of
  • Is parent company of
  • Is tertiary investor/lender of