Key Contacts: Lev Gantly – Partner | Simon Puleston Jones – Consultant for Philip Lee LLP
Standard Chartered, British Airways and Cur8 have delivered a global first transaction to unlock finance for UNDO, a UK-founded carbon removal project developer.
This breakthrough transaction creates a bridge to bankability for credible climate technologies that remove carbon from the atmosphere, paving the way to scale finance for Carbon Dioxide Removal (CDR) projects elsewhere. This helps developers access much-needed upfront capital and ultimately brings down costs for other companies to provide finance and offtakes, unlocking scale.
A Philip Lee team, led by Lev Gantly and Simon Puleston Jones were pleased to advise UNDO on this transaction.
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