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EBRD to Buy Carbon Units From Estonia, Lithuania (Correct)
2010-09-01 17:33:29.739 GMT
(Corrects name of credits in second paragraph.)
By Milda Seputyte
Sept. 1 (Bloomberg) -- The European Bank for Reconstruction
and Development plans to purchase carbon-dioxide emission
credits from wind farms in Estonia and Lithuania.
The EBRD's Multilateral Carbon Credit Fund will buy
emission-reduction units from six wind farms managed by Estonia-
based renewable energy producer OU Nelja Energia, the London-
based bank said today in an e-mailed statement.
The transaction requires approval by the Estonian and
Lithuanian governments, it said.
For Related News and Information:
Climate-change news: NI CLIMATE <GO>
EU emissions-trading stories: TNI ECREDITS EU <GO>
Stories on Estonia: NI ESTONIA BN <GO>
Eastern Europe: EEUT <GO>
--With assistance from Mathew Carr in London. Editor: Willy
Morris.
To contact the reporter on this story:
Milda Seputyte in Vilnius at +370 5 269-0046
mseputyte@bloomberg.net
To contact the editor responsible for this story:
Willy Morris at +44-20-7673-2254 or
wmorris@bloomberg.net
