Terradot and HASI Close $34M Investment for Carbon Removal Projects
Business Wire•27/10/2026•10:00 ET
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Key Highlights
- ➤$34 million senior secured term loan funds Terradot’s US and Brazil carbon removal projects
- ➤Frontier-backed projects carry fixed-price, multi-year offtake agreements
- ➤Terradot plans to deploy 1 million tonnes of rock across 60,000 hectares in 2026 and 2027
- ➤HASI manages more than $17 billion in sustainable infrastructure assets
- ➤Terradot targets 1 million tonnes of annual CO2 removal by 2035
Expert Statements
Julia Sekula, CFO and Co-Founder of Terradot
“Lenders only back what they can predict”
Julia Sekula, CFO and Co-Founder of Terradot
“With contracted demand and years of field data that let us bound risks and forecast delivery, this investment marks an important step in bringing project capital to enhanced rock weathering and building the operating record for larger deployments.”
Annmarie Reynolds, Co-Chief Investment Officer at HASI
“HASI is pleased to partner with Terradot on this investment”
Annmarie Reynolds, Co-Chief Investment Officer at HASI
“Terradot combines contracted demand, rigorous field data, a repeatable deployment model, and a thoughtful approach to risk, all qualities we look for in every investment.”
Hannah Bebbington Valori, Head of Frontier
“Terradot’s debt financing demonstrates how long-term purchases together with capital markets can support carbon removal deployment”
Hannah Bebbington Valori, Head of Frontier
“By providing predictable demand through large, multi-year offtake agreements, Frontier aims to help companies like Terradot secure the capital they need to build and scale.”
Terradot and HASI Close $34M Investment for Carbon Removal Projects
Largest disclosed debt financing for enhanced rock weathering with projects backed by fixed-price offtake agreements with Frontier
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