Wildwood Environmental Credit Company LLC (“Wildwood”) expands its Texas offerings through the acquisition of mitigation banks from Dallas-based Wetlands Management LP.
A forerunner in North Texas mitigation and water reuse projects, Wetlands Management established Bunker Sands and Bill Moore Mitigation Banks to service the rapidly growing Dallas-Fort Worth Metroplex. Wildwood is excited for the opportunity to continue stewarding a legacy of restoration at these high-quality sites and facilitate the next steps in permitting for three other Wetlands Management mitigation banks currently undergoing regulatory review.
“Wetlands Management has been committed to environmental restoration for more than 20 years and it’s a privilege for our team to be trusted to put our fingerprints on this next chapter,” said Preston Smith, Managing Partner of Wildwood. “The alignment of core values has enabled a smooth transition allowing us to maintain focus on delivering value to our clients and these ecosystems.”
Wetlands Management, LP, is a wholly-owned subsidiary of The Rosewood Corporation, a family-owned and operated company headquartered in Texas with diverse operations and investments. For generations, they have operated around the core principles of honesty and integrity, and their long-term investment perspective has made them ideal sponsors of mitigation projects.
Wildwood has been focused on changing the landscape of conservation through the pursuit of market-based incentives for restoration since our roots were planted in 2008. Our team passionately pursues the creation of more resilient ecosystems through private investment into mitigation and conservation projects across multiple states to help facilitate responsible development for the purchasers of our environmental credits.
