Author: briteweb
Credits Released at Calcasieu Mitigation Bank
Ecosystem Investment Partners, the sponsor of the Calcasieu Wetland Mitigation Bank, is pleased to announce that it has received its first release of credits from the US Army Corps of Engineers. The Bank now has nearly 300 credits available in inventory to offset unavoidable impacts to wetlands in Calcasieu, Beauregard, Allen, and Jefferson Davis Parishes … Continued
EIP II Acquires 16,472 acres of the East Orleans Land Bridge, Louisiana
Ecosystem Investment Partners (EIP) is pleased to announce its acquisition of 16,472 acres of coastal marsh on the East Orleans Land Bridge in Orleans Parish, Louisiana. Located less than 20 miles east of New Orleans, the Chef Menteur Pass property comprises 63% of the East Orleans Land Bridge, the landmass that separates Lake Pontchartrain from … Continued
EIP II Acquires 3,510 Acres of Restorable Wetlands in Northeastern Minnesota
Ecosystem Investment Partners (EIP) is pleased to announce its acquisition of 3,510 acres of restorable wetlands in northeastern Minnesota that will comprise the Mississippi and Superior Wetland Mitigation Bank. The two properties EIP has acquired were formerly used as wild rice farms and now represent some of the largest, contiguous restorable wetland mitigation sites remaining in … Continued
Private Equity Investment Buoys Restoration Industry
Fat Private Equity Investment Buoys Restoration Industry by Paul Quinlan, E&E Reporter A private-equity firm has raised $181 million for wetland restoration, in what industry insiders are touting as a sign that for-profit ecosystem revival is finally coming of age. At issue is the business of mitigation banking — reviving degraded swamps, bogs, marshes and … Continued
Ecosystem Mitigation Fund Reaches $181m Close
Environmental Finance by Elza Holmstedt PellA private equity fund focused on payments for ecosystem services (PES) markets, involving wetlands mitigation and endangered species protection, has raised $181 million. Investment management firm Ecosystem Investment Partners (EIP) beat its initial target of $150 million for the EIP II fund. “EIP II closed with a strong and diversified … Continued
Ecosystem Investment Partners Raises Conservation Fund
Reprinted from Private Equity International by Christopher Witkowsky, Editor A Baltimore-based investment firm has raised $180 million to invest in wetlands restoration, a niche strategy that combines conservation with mid-teen return expectations. Most limited partners probably would not associate private equity with the restoration of rapidly disappearing swampland in the backwoods of southern Louisiana. But one … Continued
EIP Exceeds Fund Target – Closes on $180.7 Million
For Immediate Release Baltimore, MD Firm Provides Attractive Investment Returns and Significant Conservation Outcomes Ecosystem Investment Partners (“EIP”), a leading private equity firm focused on capitalizing on the Payments for Ecosystem Services (“PES”) markets surrounding wetland, stream and endangered species habitat mitigation throughout the U.S., today announced the final closing of its oversubscribed fund, Ecosystem … Continued
Land Conservation Remains as Popular as Ever
EIP is profiled in this article from the Urban Land Institute on how governments across the nation have long recognized the need to preserve open space – but what may have been underestimated, however, is the commercial value of open space and its potential to create value. Land Conservation Remains as Popular as Ever … Continued
The Green Island
EIP’s Dover Farm Mitigation Bank is featured in Virginia Living magazine, which profiles the combined efforts of EIP and other partners to restore this complex and magnificent ecosystem. The Green Island Virginia Living December 2011 issue by Mac Carey with Photos by John Henley Please visit this link to see the story.
Banking on Shale Gas to Preserve Wetlands
Banking on Shale Gas to Preserve Wetlands Businessweek Online By Nadja Brandt and John Gittelsohn Flanked by drilling rigs and pipelines, many of the wetlands feeding into the Sabine River in East Texas have been damaged by energy companies trying to extract gas from the Haynesville/Bossier Shale formation. That destruction is an … Continued