Common Ground Capital (“CGC”) was formed in the spring of 2012 to deliver best in class landscape scale compensatory mitigation solutions for endangered, threatened or imperiled species. Over six years later we have successfully achieved the majority of our objectives by partnering with our land owner, equity investor and other best in class partners.
Our mission is simple:
Deliver best-in-class mitigation solutions to provide the upmost certainty to all relevant stakeholders.
We provide certainty to conservation sites for the targeted species and their landscapes by protecting them forever under the robust, rigorous and proven USFWS conservation banking model.
We provide certainty to our industry partners by enabling the full transfer of liability away from their projects under the Endangered Species Act with the assurance that their investments are delivering actual, quantified conservation benefits to the species.
We provide certainty to our landowner partners under a free market mitigation business model that recognizes that they have a scarce and valuable resource on their property. Our compensation model allows landowners to receive a meaningful up-front payment that allows them to make independent financial decisions for their operations and their families versus a government type least cost annual payment structure.
Currently, our focus is on the Lesser Prairie Chicken and American Burying Beetle. We have and will continue to monitor other species market opportunities as warranted.
Specific accomplishments for the Lesser Prairie Chicken:
- Secured 90,000 acres of option agreements across three states/three service territories
- Obtained full USFWS approval of the only species programmatic conservation bank agreement (“PCBA”) in the country which covers the entire range of the Lesser Prairie Chicken (May 2014)
- Received full USFWS approval of two conservation banks in Kansas totaling 29,000 acres serving the mixed grass and short grass ecosystems (March 2015)
- Secured full USFWS approval of the Tomahawk Conservation Bank in West Texas developed by RiverBank Ecosystems of Austin, Texas under CGC/LPCC’s PCBA (October 2015)
- Secured an initial equity investment in the company with one of the largest mitigation companies in the country, Restoration Systems (September 2013) and formed a dedicated joint venture with a major equity investment firm in December 2014 (LPC Conservation, LLC)
Major Accomplishments for the American Burying Beetle:
- Secured 100% of the Keystone Gulf Coast Pipeline ABB Mitigation in record time under a joint venture with Wildwood Credits of Tyler Texas (December 2012)
- Achieved full conservation bank approval (February 2014) for property adjacent to the Keystone McAlister Conservation Area. The combined projects will permanently protect 1,600 acres of key habitat for the ABB.
- Executed on numerous ABB transactions (Wildwood is lead on Marketing) over the past six years
- Sold out multiple phases of expansion totaling over 4,000 contiguous acres over the past four years which has allowed our partnership to establish a re-connected, holistically managed large landscape for the ABB in a priority conservation area
- Completed multiple research projects on the project site