Friday, December 21, 2007

Ecosecurities says completed structured CER sale of over 5 mln tonnes (ECO.L)

Via Forbes:

Ecosecurities Group PLC said it, along with Credit Suisse, has completed the structured sale of over 5 mln Certified Emission Reduction credits (CERs).

The company, which markets carbon credits from greenhouse gas emission reduction projects, said the structure holds the rights to credits from a pool of Clean Development Mechanism (CDM) projects and meets demand from market participants for exposure to different levels of CER delivery risk....Continued