BOCA RATON, FLORIDA, UNITED STATES, September 30, 2021 /EINPresswire.com/ -- Entrex (OTC:UNSS) announces the launch of a collection of $100 million Carbon Offset Rights Agreements.
“Our team has put together a significant volume of income producing Carbon Offset Rights Agreements pursuant to our COPRe (Carbon Offset Producing Real Estate) program” said Stephen H. Watkins, CEO of Entrex Carbon Market a majority owned subsidiary of Entrex.
“Buyers can get alternative returns through the five year investment structure – culminating in a $1.00 buy-out in the fifth year” added Thomas Harblin, partner in the Entrex Carbon Market.
“Entrex’s Carbon Offset Rights Agreements are a third asset which real estate can now sell or trade pursuant to IRC Section 1031 or even as a securitized instrument for portfolio trading”.
“We believe the Entrex Carbon Offset Rights Agreements will help provide the desperately needed carbon offset supply necessary to match the corporation carbon neutrality announcements of recent years. Today we have buyers that simply struggle to find the domestic volume of offsets needed” Watkins continued.
“The response from real estate owners has been overwhelming” said Paul Landrew, Chairman of UNSS the public parent of Entrex Carbon Market. “Our team is working with brokers and their clients who are all trying to maximize the value of their real estate ownership through Carbon Offsets”.