Project developers in India are likely to shift away from the carbon markets to take advantage of promising national markets for renewable energy and energy efficiency certificates, according to Anmol Jaggi, director of Gensol Consultants.
The consultancy last week sold a stake of 15-20% to US venture capital firm India Venture Partnership (IVP), in a deal with an enterprise value of around $4 million-6 million. Gensol manages a carbon credit portfolio of around 25 million tonnes on behalf of its clients.
Funds raised from IVP will be ploughed into ramping up Gensol’s activities, with the firm planning to focus on advisory and trading opportunities presented by India’s national renewable energy and energy efficiency trading schemes.
Continue reading at Carbon Finance
Places for Environmental Bonds 2012 are filling up rapidly. Join the impressive line-up of speakers in London on 15 February to review the growing interest in this market. Book NOW to avoid disappointment! More..
_NEW_no-discount.gif)
.gif)
-discountrevised.gif)
.jpg)