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Orbeo Group to Buy 2 Million CO2 Credits From Moroccan Utility
2010-10-25 10:29:24.418 GMT
By Ewa Krukowska
Oct. 25 (Bloomberg) -- A group including Orbeo, Fonds
Capital Carbone Maroc and the Post 2012 Carbon Credit Fund
agreed to buy 2 million tons of carbon offsets through 2018 from
the Moroccan utility Office National de l'Electricite.
The credits will be issued by a wind farm located in the
area of Tangiers in North Morocco, the investors said today in
an e-mailed statement.
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To contact the reporter on this story:
Ewa Krukowska in Brussels at +32-2-237-4331 or
ekrukowska@bloomberg.net
To contact the editor responsible for this story:
Mike Anderson at +44-20-7673-2718 or
manderson34@bloomberg.net
