Our Story

2009-2015 - Proof of Concept Phase

> Global diligence phase from 2008- 2009 to determine best place to start plantation forestry operations

> Forest First Colombia was founded in Colombia in 2010

> Raised money from high net worth investors

> Spacing and other trials completed

> Obtained legal opinions on land titles

2016 - Strategic investor phase

> Sappi Ltd. made its first investments in FFC (US$5mm in July and US$5mm in October)

As part of the investment, Sappi provides:

  • Offtake agreement for up to 2.5 million tons of per year
  • Technical cooperation agreement allowing FFC to benefit from Sappi’s best practices in genetic improvement, silviculture and pest/disease management
2017-2018 - Environmental & social impact validation phase

> FinnFund invests in 2017 (ESAPestablished with FinnFund’s support)

 > Sappi makes an incremental US$10mm investment in 2017

> FFC receives PINE3 designation from the Colombian government

> RISI conducts independent review of FFC’s operations

> USAID collateral guarantee

> UBS/Tyndall hired for capital raise

2019 -> Scale-up phase

> New capital raise to be completed

> Construction of terminal facility, roads and other infrastructure

> Shipping to Europe begins

Forest First Colombia S.A.S. © 2019 | All rights reserved.