Natural capital · Spain & Portugal
A natural capital platform delivering sustainable cork oak forestry and high-integrity carbon credits in Portugal — as cork emerges as a strategic material for aerospace, e-mobility and the green transition.
Verra VCS registration in progress · Article 9 SFDR-backed · FSC initiated

Impact, measured
Who we are
Two operational properties in southern Portugal — 680 hectares with clear title and infrastructure in place. We transform underused rural land into productive, certified cork oak forest, combining deep local forestry expertise with institutional financial discipline.
Lead investor is an SFDR Article 9 fund, with governance and reporting built for institutional capital.
Cork, Verra carbon credits and EU agricultural support from every hectare.
Know-how and experience in irrigated cork oak that are rare in the forestry sector — from sourcing and water to planting and certification.

Our products
Two products. One forest. Built for institutional capital.
Rediscovered by industrial buyers for properties that cannot be replicated synthetically — driving new demand beyond the wine stopper.
Ablative cork protects rocket engines on NASA’s Artemis II mission.
Cork composites for thermal protection and anti-vibration in EV battery packs.
Natural thermal and acoustic insulation — fire-retardant and biodegradable.
Cork cores in sandwich composites for superior acoustic damping.
High-integrity credits backed by living forests — generated alongside cork, from real, productive cork oak plantations.
Our portfolio
High-density irrigated cork oak in southern Portugal — with an identified pipeline across the Alentejo and Extremadura.

160 ha of high-density irrigated cork oak planned at 625 trees per hectare — c. 100,000 trees at full build-out.

Established high-density cork oak producing quality cork, with expansion through irrigation and new planting.
Our track record
Know-how, experience and a track record on the ground are the rarest assets in forestry — and the foundation we offer investors who want to deploy capital into natural capital with the best operators.
The first cork oaks were planted at Herdade da Vinagra in the 1950s, with high-density, higher-yield stands added around 2000 — 147 ha that still produce high-quality cork today.
Herdade da Figueira and Herdade da Vinagra secured — 680 ha with clear title, alongside an SFDR Article 9 lead investor.
Greenfield works at Herdade da Figueira: reservoir rehabilitation, two transformer stations and a modern drip irrigation network. FSC certification initiated.
High-density planting at 625 trees per hectare — over 30,000 cork oaks across 45 of the planned 160 hectares, with phased planting continuing.
Formation pruning completed across 47 hectares between February and April, with 90 more planned this winter. Verra VCS registration in progress with Ecobase.
60 hectares scheduled for new high-density irrigated planting — around 40,000 cork oaks and c. 40,000 t CO₂ sequestration capacity over 50 years.
€50M deployed across 5,000 hectares and 2 million cork oaks — one of the world’s largest dedicated cork producers and a benchmark natural-capital asset in Iberia.
Insights
Field updates from our estates and our view on cork, carbon and natural capital.
Schedule a meeting
Request the investor deck or book a call with our founding partners — or join us for a visit to our estates in the Alentejo.