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Citi finished a $72 million deal to help fund the Applied Carbon biochar project.

DealRead the original at citigroup.com
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Citi closed a $72 million note to support an Applied Carbon biochar project. The announcement gives no deal terms or project milestones, so it does not show a clear change to Citi’s outlook.

C · Citi

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This shows Citi is taking part in financing a carbon-removal effort. Without deal terms or project milestones, the announcement does not show what Citi may earn or what obligations it accepted.

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