GreenStream Network appointed as trustee to sell 2,775 million EUAs on behalf of the Danish state

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GreenStream has been chosen by the Danish state to sell 2,775 million Phase 2 EU Allowances. The Helsinki based company, a pioneer in the European carbon and renewable energy markets since 2001, has won a tender that had been sent to ten pre-selected carbon credits brokers and traders. This decision expresses the confidence of the Danish state that GreenStream will maximize the revenues for the State using its in-house expert knowledge and long-standing experience in the carbon market.

GreenStream will put the EU Allowances to the market until end of April 2013 and will use different available sales channels, thereby closing OTC trades with selected counterparts. Michael Weber, Group Head of Intermediary Services emphasizes that “the close cooperation of the trading, analytics and advisory teams at GreenStream allows us to provide valuable service to our clients”.

GreenStream, with offices across Europe and in China, focuses on the provision of carbon asset management services, delivering energy efficiency projects in China and comprehensive services in the climate and renewable energy markets. In addition to compliance carbon credits, GreenStream deals also with voluntary carbon credits (VERs) used for CO2 footprint offsetting and green electricity certificates (GoOs, RECS) and has recently been voted “Best Broker 2012 – Renewable energy certificates – Europe” by the Environmental Finance magazine.

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Opening China markets for Sarlin

GreenStream has opened China markets to many Finnish small and medium sized companies. One of the main technology partners at the moment is Sarlin.

Shangdong Guangjun Paper – annual energy savings up to 32 %

Annual savings:

Electricity saving: 1926.6 MWh
Water saving: 18495 m3
Steam saving: 2652 t
Standard coal: 1068 TCE
Emission reduction: 2766t CO2e

Energy Efficiency for Delong Steel

GreenStream’s project saved 15 % of the compressed air related electricity costs annually for Delong Steel’s Xingtai steel mill. The technology provider was Sarlin.