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Northern New Mexico — forest landscape in the project area
Pilot 01 — New Mexico

Turning wildfire liability into productive infrastructure.

Public land. State trust. 35,000 acres of fire-scarred terrain with access to over 600,000 acres of available feedstock, including FEMA fire-damaged timber from Hermits Peak – Calf Canyon. The first Industrial Revenue Bond pathway structured for ecological restoration in New Mexico.

35,000

acres

~$55M

total capital

$45M

Industrial Revenue Bonds

$10M

Restoration Facility

~$420

per acre / yr revenue

$64B

SWF AUM backing
The problem

35,000 acres of fire-scarred state trust land generating zero revenue. The Hermits Peak – Calf Canyon fire cost $7 billion — the largest wildfire settlement in U.S. history. The probability of a comparable fire in New Mexico’s most threatened firesheds is effectively 100% within a decade. The state has no financial mechanism to restore it. Federal dollars are slow, fragmented, and expire.

Two operational nodes
Northern Node
Mora & San Miguel Counties · ~10,000 acres

Modular pyrolysis — fire-damaged timber converted to biochar

  • FEMA-catalogued feedstock: 300,000 fire-killed trees from Hermits Peak – Calf Canyon

  • Modular pyrolysis units process timber on-site — no transport infrastructure required

  • Biochar downstream: soil amendment, activated carbon (water treatment & oil/gas filters), cement/asphalt additive (100-year carbon sequestration), graphene precursor

  • Pyrolysis oil captured as secondary output; process heat recycled for on-site energy

  • Municipal water treatment offtake: Las Vegas NM, Santa Fe pipeline

Charles Curtin, Landscape Ecology and Systems Design
Southern Node
Quay, Curry & Roosevelt Counties · ~25,000 acres

RAD composting + anaerobic digestion — cattle manure to fertiliser and energy

  • Rapid Anaerobic Digestion: produces Renewable Natural Gas (refineable to Renewable Hydrogen for fuel cells & hydrogen engines), CO₂, liquid nitrogen-rich digestate (fertiliser + compost additive), and clean water

  • Composted cow manure packaged as powder, pellets, 12″ rings, small pods, and living soil — sold to agricultural, municipal, and home gardener markets (highest margin)

  • Five output streams from a single feedstock — dairy and feedlot waste processed on-site

  • Agricultural, municipal, and retail offtakers across New Mexico and the Southwest

Bob Hockaday & Glenn Bell
Five output streams — self-hedging
Biochar & activated carbon products
Renewable Natural Gas & Renewable Hydrogen
Compost & soil amendment (retail + agricultural)
Carbon sequestration credits
Wildfire risk reduction services
Capital structure
  • $45M Industrial Revenue Bonds via NMSIC — the first IRB pathway structured for ecological restoration in New Mexico.

  • $10M Restoration Facility — grant and concessional capital for pre-revenue field operations.

  • State Permanent Fund ($64B AUM) provides sovereign-grade backing through state trust land lease revenues.

  • Bond advisor engaged. 30-year operating agreement. Capital releases gated on MRV trigger maps.

MRV — LandStack deployment

All three measurement tiers deploy from Day 1. The 30/60/90 evidence chain feeds directly to the bond advisor. Tier 1 ecosystem sensors — IoT probes, AI soil microscopy, bioacoustic monitors, satellite, eDNA, terrain analysis — produce continuous ecological data. Tier 2 tracks operational output volumes and delivery. Tier 3 translates both into the financial KPIs and trigger conditions formatted for the investment committee, not the lab.

Coalition — NM-RISE

Tribal, county, state, and federal stakeholders aligned under NM-RISE (New Mexico Restoration and Infrastructure for Sovereign Ecosystems). Includes New Mexico State Land Office, Mora County, San Miguel County, Sandia National Labs, and Los Alamos National Laboratory.

“This is the first time anyone has brought a financial structure to state trust land that doesn’t require the state to spend money it doesn’t have. The coalition we’ve built — tribal, county, state, federal — has never existed for a project like this.”

Terry Harris, Ecosystem SPV Lead

Iberian landscape — degraded terrain targeted for Paulownia agroforestry
Pilot 02 — Huelva–Algarve–Alentejo

Restoring Europe’s emptied heartland.

Private and municipal land across the Huelva–Algarve–Alentejo corridor. 500 hectares of Paulownia agroforestry on degraded terrain. Anchor processing facility near Huelva. Proving jurisdiction portability — same signal engine, different geography, different law.

500 ha

Huelva–Algarve–Alentejo corridor

€800–1,100

per ha / yr revenue

3.3M ha

burned since 2006

€10B+

wildfire costs (2025 alone)

320,000 km²

España Vaciada

12%

water supply decline
Three converging crises
Wildfire

Spain and Portugal have burned 3.3 million hectares since 2006. The 2025 fire season alone: €8–10 billion in damages. Abandoned agricultural land is the primary fuel load.

Water

12% decline in available water resources over two decades. Major reservoirs at 21% capacity. Agricultural irrigation competing with municipal supply.

Rural collapse

La España Vaciada — 5,000+ municipalities across 320,000 km² emptying out. Average age rising. No economic engine to reverse the trend.

The approach — GUARDIAN method
  • 500 hectares of Paulownia agroforestry on degraded private and municipal land.

  • GUARDIAN method: proprietary genetics + planting methodology + integrated land management.

  • Fast-rotation biomass crop — first harvest within 3 years, annual harvests thereafter.

  • Intercropping with native species for biodiversity recovery and soil stabilisation.

  • Designed for fire-break functionality — strategic planting reduces landscape-scale fire risk.

Output streams
Biomass feedstock (pellets, chips)
Biochar & activated carbon
Carbon sequestration credits
Wildfire risk reduction services
Rural employment (from month one)
Green methanol
Sustainable aviation fuel (SAF)
Offtake & capital path
  • Anchor buyer: major European energy company — four-offering structure (biomass pellets, biochar, activated carbon, carbon credits).

  • Capital path: global bank for project finance + EU co-financing instruments (CAP, Green Deal, Nature Restoration Law).

  • EU Nature Restoration Law mandates member states restore degraded ecosystems — creating structural demand for project-level solutions.

  • Revenue from year one. Rural employment from month one. Fire risk reduction from day one.

MRV — jurisdiction portability

Same three-tier LandStack architecture deployed in New Mexico — adapted for Mediterranean biomes. Proving that the signal engine works across different geographies, ownership structures, and regulatory frameworks. Satellite baselines already established. IoT sensor specifications adapted for arid soils and Paulownia growth metrics.

Sequencing

Iberia is gated on New Mexico reaching bond structuring completion. NM proves the financial architecture. Iberia proves jurisdiction portability. The combination proves the platform scales.

“The IP isn’t just the trees. It’s the integrated system — genetics, planting methodology, industrial buyer contracts, and MRV — that makes this bankable at scale. No one else has assembled all four.”

Victor Garlington, BioEconomy Solutions, Ecosystem SPV Lead

Pilots — Sovereign Land