EIP is very pleased to share the news of our recent acquisition of the Barnes Prairie Mitigation Bank! A very exciting development and EIP’s first investment in the State that will deliver mitigation to a wide array of permitted impacts while also helping to restore and protect an important wetland ecosystem near the Chiwaukee Prairie, an internationally recognized wetland of significance.
Bear Real Estate Group has sold Barnes Prairie Mitigation Bank to Ecosystem Investment Partners V, LP. Located in the Southwestern Lake Michigan watershed of Wisconsin, Barnes Prairie has restored and enhanced approximately 400 acres of Wet to Wet-Mesic Prairie, Sedge Meadow, and Shallow Marsh wetland systems. The credits generated by this Mitigation Bank provide ecological offsets required under the Federal Clean Water Act and Wisconsin’s state regulations to both private and public clients. ? Mac Shropshire Consulting acted as financial advisor to Bear Real Estate Group. ? S.R. Mills, CEO & President of Bear Real Estate Group, commented: "Mac’s guidance and relationships in the space ensured that we received the highest possible value for our asset. We appreciated Mac’s personal touch and level of service and look forward to working with him in the future!" ? Nick Dilks, Managing Partner of Ecosystem Investment Partners, shared: “We are delighted to make this investment in Wisconsin, EIP’s first in the State, that will both deliver much needed mitigation to a wide array of permitted impacts while helping to restore and protect an important wetland ecosystem similar to the nearby Chiwaukee Prairie, a RAMSAR wetland of international significance.” #mergersandacquisitions #naturebasedsolutions #mitigationbanking