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104 | From Equity to Debt: How CDR Gets Bankable - with Julia Reichelstein and Tyler Manchester
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In this episode of The Carbon Removal Scoop, Sebastian Manhart sits down with Julia Reichelstein, co-founder and CEO of Vaulted Deep, and Tyler Manchester, Head of Voluntary Carbon at CFP Energy, to get the inside story of Vaulted's $35 million debt facility from Mediobanca. Julia explains why Vaulted grew on equity for its first two sites and why, with a delivery track record and a pipeline of new sites, it has now reached what she calls the "just add water" stage where debt is the right capital. Tyler explains why this is CFP Energy's first debt transaction in carbon removal after two decades in carbon markets, and what it took to get comfortable: a developer with a proven record,…