News and Views
| February 2021
Ground-breaking sale of global carbon credits to Microsoft
Alistair Jaque and Sarah-Jane Sale at Deutsch Miller recently advised the Macdoch Group on a ground-breaking sale of global carbon credits to Microsoft in the US. As part of its agricultural business, Macdoch Group runs Angus cattle at various properties in New South Wales. Over the last few years time-controlled rotational grazing has led to greater soil carbon concentration on those properties. The carbon credits generated by the sequestered carbon in the soil are a commodity which can be sold internationally to assist companies to meet their carbon reduction goals, while also generating revenue for Australian livestock operators and land owners.
Further details of the transaction are in this article: here
Venture fund Uniseed has added five new university partners
Our corporate team led by Alistair Jaque, Anna McKay and Zafiria Stamboulidis assisted venture fund Uniseed with its new investment arrangements with Monash University, UTS, University of Newcastle, Macquarie University and University of Western Sydney. A great opportunity for our team to be involved in the commercialisation opportunities of the cutting edge technologies developed by these university research departments and CSIRO.
Space tech start-up, Skykraft, raises $120m
Our corporate team led by Paul Miller, advised space tech start-up, Skykraft, in it's fundraising round, which will enable the company to work towards rolling out its satellite constellation.