Stocche Forbes advised Mercuria Energy Trading (METSA) on the incorporation of a Special Purpose Vehicle (SPV) (Tocantins Carbono), between Companhia Imobiliária de Participações, Investimentos e Parcerias – Tocantins Parcerias and METSA, based on METSA’s participation in Public Call Edital 001/2022.
Tocantins Carbono will be responsible for conducting the certification processes and qualifying the State of Tocantins to operate in the voluntary carbon market through a jurisdictional REDD+ project.
This deal involved the firm’s corporate, regulatory, environmental, compliance and civil teams and marks the State of Tocantins as the first State in Brazil and one of the pioneers in the world to trade carbon credits in the voluntary carbon market.
Stocche Forbes Advogados advised METSA and relied on partners Mariana Saragoça (pictured left) and Camila Pepe (picctured right); lawyers Raphael Fonseca Niemeyer, Gabriela Terepins, Guilherme Luiz Mobricce Nunes, Gregory de Lima Barbosa, Barbara Kreutzfeld, Beatriz Marcico Pereira, Flávia Persiano Galvão e Julia Cristina Ferreira
In-house to METSA: Victoria Ballantine.
Marina Galvão, Karina Botelho, Jocione Silva advised Tocantins Parcerias.
Ludovino Lopes Advogados advised Estado do Tocantis.