Business Services Industry
Pacific Hydro in world-first carbon trading deal.
Australasian Business Intelligence, June, 2005
Jun 06, 2005 (The Age - ABIX via COMTEX)
Pacific Hydro (PacHydro) has negotiated a carbon credit sale with a bank. In a world- first transaction, a PacHydro subsidiary will sell the certified emissions reduction credits from two hydro-electric projects in Fiji, the Wainikasou and the Vaturu power project, to ABN Amro. Once it has purchased the carbon credits from the PacHydro subsidiary, ABN Amro will sell them to Accord Energy. PacHydro shares closed $A0.01 lower on 6 June 2005, at $A5.05.
Publication Date: 7 June 2005
PACIFIC HYDRO LIMITED - ASX PHY:
SUSTAINABLE ENERGY AUSTRALIA (SEA) PTY LTD:
FIJI. ELECTRICITY AUTHORITY:
ABN AMRO AUSTRALIA LIMITED:
ACCORD ENERGY LIMITED:
CENTRICA PLC:
BRITISH GAS PLC...
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