Strategic Partnership
We have a strategic partner who is a financially strong counterparty for CER transactions, able to act quickly when a deal is proposed. Contrary to other CER buyers, they do not require a time-consuming due diligence process, and will honour its commitments.
Our strategic partner is one of the largest privately held companies in the world in terms of turnover and the worlds largest independent oil trading company. Annual turnover has since 2006 been well over 100 billion US$. It has its main offices in Geneva, Houston, Singapore and London and has 23 additional offices in the world, including an office in Beijing. They have many years experience in the CDM market in China being involved in over 110 projects in China with Total ERPA volume over 80 million tonnes of emissions reductions.