Aurora Sustainable Lands, a Cycle 3 infrastructure investment, actively manages and conserves North American forestlands to remove and store carbon from the atmosphere. Founded in Q4 2021, Aurora began as a joint venture between Oak Hill Advisors and Anew Climate (previously Bluesource) with a goal to acquire industrial timberlands and transition the management focus on those lands from timber harvesting operations to carbon removal and storage. Aurora now owns 1.6 million acres of forestland that consist primarily of naturally regenerating hardwood forests, all in the eastern half of the United States. Aurora has already reduced harvest rates by 50% from prior ownership’s practices across the portfolio, increasing carbon removal and storage, creating healthier forests and contributing to global climate goals.
At the time of publication (May 2024) Aurora Sustainable Lands were held in our Infrastructure – Cycle 3 portfolio.