We advised Key Carbon on signing an agreement with InSoil for one of the largest sustainable agriculture finance commitments in Europe. On 9 June 2025, Key Carbon, a leading climate investment firm, and InSoil (formerly known as HeavyFinance) announced a EUR 100 million investment agreement aimed at supporting European farmers in transitioning to regenerative agriculture.
This is Key Carbon’s largest investment to date and one of the most significant financial commitments to climate-resilient farming in Europe.
Our services and project team
Our team provided legal support to Key Carbon throughout all stages of the transaction. We performed due diligence on InSoil and advised on deal documentation from a Lithuanian law perspective.
The team involved in the transaction included partner Augustas Klezys, counsel Vitalija Impolevičienė, senior associate Mindaugas Baniulis, associates Dominykas Kulakas, Goda Jakubauskaitė, and Vytautas Pasvenskas.
About Key Carbon
Founded in 2021, Key Carbon is a permanent capital vehicle building a large, diversified portfolio of high-integrity carbon credit streams and royalties for corporates and other organisations on their journey to Net Zero. To date, the company has financed 25 projects in 15 countries, resulting in the removal or avoidance of over 41 million tonnes of carbon and the planting of 3.75 million trees. Key Carbon has also built the largest pan-African clean cooking developer, Global Cookstoves, and funded the distribution of cookstoves to an estimated 7.5 million people. The company is on a mission to help combat climate change, improve local biodiversity, soil health, and water quality, and benefit some of the world’s most vulnerable communities.
