Belektron, one of the leading independent wholesale traders in the EU ETS, has taken a significant stake in Vertis Environmental Finance.
The aim of the transaction is to support Vertis in expanding the business and improving its services to clients across Europe. James Atkins, chairman of Vertis, said: “As a pioneer in emissions trading, Vertis continues to believe that markets have an important role to play in the transition to a low carbon economy. Teaming up with Belektron allows us to step up our investment in people, systems and products to better serve our industrial and aviation clients. We aim to strengthen our position in the carbon market across Europe.”
Founder and owner of Ljubljana-based Belektron, Bostjan Bandelj, has said: “We consider Vertis as the strongest independent brand in the European carbon market and look forward to working with them to build the business and support their clients.”
Belektron is one of the most active independent trading companies in the European carbon market. Their dedicated and experienced team operates from Ljubljana (Slovenia) focusing on wholesale and retail trading from 2009. Their counterparties and clients include EU ETS compliance companies from industrial and power sector, airlines, regional traders, banks and CDM & JI project developers. Belektron also acts as an official market maker on EEX spot and derivatives markets, has a direct access to primary auctions and is trading participant of EEX and ICE exchange platforms.
For further information, please contact:
Vertis Environmental Finance Ltd.
Telephone: +36 1 488 8421