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Packhorse wrangles first raising for $1.5b cattle and carbon fund Share Packhorse Pastoral Company, which is backed by Canberra Rich Lister Terry Snow, has closed its first capital raising and acquired its seed asset, a Queensland cattle station, as it embarks on a plan to muster a $1.5 billion cattle and carbon fund over the next five years. The $62.5 million raising helped Packhorse lock in its first acquisition, the 8360-hectare Stuart’s Creek near Roma, in a $30 million deal, bought from private owners. The deal also puts it on the way toward its initial target in its first year of operations of $300 million in agricultural assets, with about 30 per cent of that total comprising debt.

New south walesSouth australiaStuart creekAustralian capital territoryGeoff murrellEuropean unionCapital airport groupCanberra airportHyperion asset managementParaway pastoralபுதியது தெற்கு வேல்ஸ்தெற்கு ஆஸ்திரேலியாஸ்டூவர்ட் க்ரீக்ஆஸ்திரேலிய மூலதனம் பிரதேசம்ஜியோஃப் கொலைஐரோப்பிய தொழிற்சங்கம்