GreenStream Network Plc announces the establishment of the Climate Opportunity Fund, a vehicle purchasing carbon emission reductions generated in 2013-2020. The fund focuses on emission reductions which can be used for compliance in the European Emissions Trading Scheme. The first investor to invest in the Climate Opportunity Fund is Rautaruukki Plc. The Climate Opportunity Fund offers investors an efficient and innovative way to invest in the carbon markets. Tomas Otterström, who leads GreenStream’s development and management of climate investment vehicles says: the need to decrease carbon emissions concerns an increasing number of actors. Many companies have started to manage their post-2012 climate positions, either from a compliance perspective or for voluntarily neutralising their emissions. The carbon and renewable energy markets also provide exciting new investment opportunities. “The Climate Opportunity Fund serves both compliance buyers, actors voluntarily neutralising their emissions and financial investors. Due to our Kyoto period carbon funds, we are in a good position to serve all of these needs. We have a wide project base and invite new investors to join the fund’s currently open tranche”. “With the Climate Opportunity Fund GreenStream now manages five own investment vehicles, which demonstrates the Company’s capability to deliver services which create significant “value-add” for our clients. The Climate Opportunity Carbon Fund is an important step in GreenStream’s growth strategy”, adds Jussi Nykänen, CEO of GreenStream.
For further information please contact:
GreenStream Network Plc
Tomas Otterström, Deputy CEO, tel. +358 40 584 7070, tomas.otterstrom@greenstream.net
Jussi Nykänen, CEO, tel. +358 40 840 8001,
jussi.nykanen@greenstream.net
