Dasos Sustainable Forest and Wood III AIF has acquired a substantial minority stake in The Foraois Limited Partnership (TFLP)  in Ireland.

TFLP is the second largest private forest owner in Ireland with over 8,000 ha of PEFC certified forests being one of the few certified private forest holdings in Ireland. With a relatively large share of younger age classes, the asset is currently maturing rapidly and the average growth is estimated at 17 m3/ha/a.  Therefore, the acquired asset represents a notable capacity for carbon sequestration.

Resulting from the acquisition and taking into account previous Dasos ownership in the asset, Dasos funds have now majority stake in the TFLP with Irish Strategic Investment Fund as a co-investor. TFLP will continue actively investing in high-quality assets in Ireland.

For more information, please contact Petteri Seppänen, petteri.seppanen@dasos.fi