Chestnut Carbon, a leader in nature-based carbon removal solutions, has announced its expansion into Texas, marking the fifth state in its Chestnut Restoration Project. This addition brings the company’s total landholdings to over 30,000 acres across the Southeastern US as it enters its third year of reforestation efforts.
The Texas acquisition includes a 300-acre parcel near Nacogdoches, previously used as cattle pasture. By restoring this land with diverse hardwood and softwood seedlings, Chestnut will enhance regional water quality, improve air quality, and support wildlife, particularly in a state affected by wildfires. This project highlights Chestnut’s commitment to environmental stewardship and community support.
Ben Dell, Managing Partner and Co-Founder of Kimmeridge and CEO of Chestnut Carbon said, “We’re very pleased to expand our Chestnut Restoration Project into Texas, a significant step that pushes us past the 30,000-acre mark as we work towards our goal of reforesting 500,000 acres of land by 2030. This acquisition underscores our dedication to revitalizing underperforming land with a long-term vision for environmental restoration, sustainable land management, and community engagement.”
Chestnut has already planted over 10 million native seedlings in collaboration with local partners such as ArborGen Nursery and DDK Forestry & Real Estate. The project has created over 15 full-time and 100 seasonal jobs across five states, boosting local economies.
The Chestnut Restoration Project is the largest registered under the Gold Standard, providing high-integrity carbon removal solutions to corporations focused on decarbonisation and net zero goals. The project aligns with seven UN Sustainable Development Goals, reinforcing Chestnut’s dedication to sustainability and community well-being. The company also follows Forest Stewardship Council (FSC) guidelines for sustainable forest management.
