The Sherpa Signal · 2026-07-09 FIRST MOVE
Google's First Agriculture Deal Signals Sector Shift
Google, McKinsey, Tencent ink 635,000 tonne carbon removal supply agreement.
Country
Indonesia
Announced
2026-07-08
THE DEAL
Lead roleOfftaker
SectorAgriculture
CountryIndonesia
Announced2026-07-08
THE PATTERN
Usual sectorsData Center, Storage, Solar
Prior Agriculture deals0
Tracked deals28
Standout First Agriculture deal across 28+ tracked Google transactions
Sherpa analysis
Google, with 31 tracked deals, signed its first agriculture transaction among 28+ tracked deals. This 635,000 tonne carbon removal supply agreement with Thryve.Earth in Indonesia marks a departure from Google's usual Data Center, Storage, and Solar sectors. McKinsey & Company and Tencent Holdings Ltd also join the 2026-07-08 agroforestry project.
Parties
- Google (Offtaker)
- McKinsey & Company (Offtaker)
- Tencent Holdings Ltd (Offtaker)
- Thryve.Earth (Developer)
- Symbiosis Coalition (Partner)
Recent signals
- 2026-10-22 NOTABLE DEAL — $265M fuels 1.2GW solar-plus-storage project in Egypt
- 2026-10-21 HEAVYWEIGHT CLUSTER — 320,000-ton carbon removal pact reshapes ag-tech financing
- 2026-10-20 MARQUEE DEAL — Australia Storage Financing Hits $1.75 Billion
- 2026-10-19 RARE PAIRING — Atmos adds solar and wind assets in single Australian deal
- 2026-10-18 MARQUEE DEAL — £5.7bn deal reshapes UK airline landscape
- 2026-10-17 NOTABLE DEAL — $850M financing fuels 1.2 GWh storage push
The Sherpa Signal highlights one notable infrastructure transaction each day, drawn from the deals we track. Editorial commentary for information only — not investment advice. · Global Infrastructure Sherpa