Molpus Earns Carbon Project Developer of the Year Award from California Climate Action Reserve
JACKSON, Miss.--(BUSINESS WIRE)--May 20, 2019--
The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization headquartered in Jackson, Mississippi, was recently awarded, on behalf of a client, the Carbon Project Developer of the Year Award by the California Climate Action Reserve (CAR) at the 2019 North American Carbon World (NACW) conference held in Los Angeles, California.
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Dick Kempka, Molpus Woodlands Group’s Vice President – Conservation accepts the Developer of the Year Award from Climate Action Reserve President, Craig Ebert. (Photo: Business Wire)
Molpus managed the portfolio on behalf of an institutional client with timberland properties in multiple U.S. states. The project represents the eighth- largest carbon project in the history of CAR.
“While providing an accretive source of investment income for our clients, carbon markets dovetail well with their sustainable property management objectives,” said, Bob Lyle, president of Molpus. “This project is a great example of how sound, sustainable timber management and carbon conservation projects can coexist and provide benefits for all involved to help mitigate climate change through emissions accounting and reduction.”
Molpus recognizes CAR’s instrumental role with its U.S. carbon emissions reduction work. Molpus has an experienced team active within the specialized carbon and renewable energy markets, and plans to remain actively engaged in the conservation and environmental sector.
Molpus currently manages approximately 1.8 million acres of timberland investments in seventeen states.
The Molpus Woodlands Group, LLC, a Registered Investment Advisor, was founded in 1996 as a Timber Investment Management Organization (TIMO) and has a company legacy dating to 1905. Molpus is one of the oldest timber-related companies in the nation, with experience in all facets of timber management, manufacturing, and marketing. Molpus acquires, manages, and sells timberland as an investment vehicle for pension funds, college endowments, foundations, insurance companies, and high-net-worth individual investors. Molpus currently manages approximately 1.8 million acres of timberland investments located in seventeen states. For more information, visit http://www.molpus.com/. Nothing herein constitutes an offer to sell or a solicitation of an offer to subscribe for or buy any security with respect to any fund.
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CONTACT: Molpus Woodlands Group
Michael R. Cooper, 601-948-8733
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA MISSISSIPPI
INDUSTRY KEYWORD: NATURAL RESOURCES FOREST PRODUCTS PROFESSIONAL SERVICES ENVIRONMENT OTHER PROFESSIONAL SERVICES
SOURCE: Molpus Woodlands Group, LLC
Copyright Business Wire 2019.
PUB: 05/20/2019 11:04 AM/DISC: 05/20/2019 11:04 AM