Sunday, June 28, 2009

ICE Buys 4.8% Stake In Climate Exchange/Share Jump 17% (CLE.L)

From Reuters:
Shares in carbon emissions exchange operator Climate Exchange plc jumped nearly 17 percent on Tuesday after IntercontinentalExchange said it had taken a 4.8 percent stake in the company on Monday.

The shares, trading on the London Stock Exchange, closed up 107 pence or 16.6 percent at 751 pence.

Climate Exchange operates the London-based European Climate Exchange (ECX), the world's largest marketplace for greenhouse gas permits, as well as emissions exchanges in the United States, Canada, India and China....MORE

We last visited Climate Exchange on June 16:
Richard Sandor, Barack Obama and the Founding of the Chicago Climate Exchange (CLE.L)
Climateer Investing on Carbon Trading and Traders