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DGB Group N.V. (“DGB” or “the Group”) (Euronext: DGB: NL0009169515), a leading carbon project developer and ecosystem restoration company, is pleased to announce the development of its afforestation/reforestation (A/R) project in the Democratic Republic of the Congo (“DRC A/R Project”) to the feasibility study phase. Following a successful pre-feasibility study, this move signifies DGB's unwavering commitment to expanding its footprint in environmental conservation and ecosystem restoration in Sub-Saharan Africa.
DGB boasts a formidable project pipeline strategically positioned to generate over 44.9 million carbon credits. DGB’s extensive pipeline encompasses 19 projects, 7 of which are large-scale initiatives actively under development and management, with the remaining in preliminary phases.
DGB is available for discussions relating to carbon credit purchases and offers a versatile payment structure, ranging from payment-at-delivery to forward offtake agreements with prepayment, inclusive of a discount.
DGB GROUP NV
DGB is a project developer of high-quality, large-scale carbon and biodiversity projects accredited by third parties. The Group is focused on nature conservation and helping biodiversity flourish by assisting governments and corporations in achieving net zero. Global megatrends drive the demand for carbon credits and underpin growth opportunities. DGB GROUP NV is a public company traded on the main Dutch stock exchange Euronext Amsterdam under the ticker symbol AEX:DGB and ISIN-code NL0009169515. www.green.earth
This press release does not contain an (invitation to make an) offer to buy or sell or otherwise acquire or subscribe to shares in DGB and is not an advice or recommendation to take or refrain from taking any action. This press release contains statements that could be construed as forward-looking statements, including about the financial position of DGB, the results it achieved and the business(es) it runs. Forward-looking statements are all statements that do not relate to historical facts. These statements are based on information currently available and forecasts and estimates made by DGB’s management. Although DGB believes that these statements are based on reasonable assumptions, it cannot guarantee that the ultimate results will not differ materially from those statements that could be construed as forward-looking statements. Factors that may lead to or contribute to differences in current expectations include, but are not limited to: developments in legislation, technology, tax, regulation, stock market price fluctuations, legal proceedings, regulatory investigations, competitive relationships and general economic conditions. These and other factors, risks and uncertainties that may affect any forward-looking statement or the actual results of DGB are discussed in the annual report. The forward-looking statements in this document speak only as of the date of this document. Subject to any legal obligation, DGB assumes no obligation or responsibility to update the forward-looking statements contained in this document, whether related to new information, future events or otherwise.
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