Natsource's Origination staff are comprised of experts located in North America, Europe and Latin America. They provide all services necessary to originate and complete transactions of environmental assets around the world on behalf of the Company's industrial and investment clients.
These include originating project opportunities, structuring transactions, and in some instances, arranging financing and arranging syndications. Our team has been involved in structuring transactions with different payment mechanisms, arranging up front financing and developing syndicates comprised of carbon funds and private firms. By leveraging capital from Natsource funds, they nurture projects with promising environmental and economic value that might otherwise fail for lack of capital.
For more information on any of the markets below or details of our services please contact Natsource`s Origination Services Team on:
Tel. + 44 (0) 20 8439 9515
E-mail nts@natsource.com
1. Greenhouse Gas Markets
Natsource is a pioneer in global Greenhouse Gas (GHG) markets and has been active in arranging transactions in these markets for over 10 years.
In 2004, Natsource arranged the first publicly announced transaction of Certified Emission Reductions (CERs) between private companies from a Clean Development Mechanism (CDM) project with an approved baseline. The project incinerated HFC-23, a potent greenhouse gas, from a facility in South Korea. Our early commitment to developing the CER market was demonstrated by the fact that up the end of 2004, Natsource had originated and structured transactions for over 10 million CERs from a range of technology types and countries.
We also have significant experience in national and regional allowance markets and arranged some of the first transactions in these markets. In 2001, Natsource arranged the first greenhouse gas allowance transactions in the UK and Danish emissions trading programs. In 2002, Natsource originated the first forward swap of UK and Danish allowances.
- Assistance to CDM and JI Project Developers
Natsource`s Origination team works actively with companies developing Clean Development Mechanism (CDM) and Joint Implementation (JI) projects. We have significant experience in identifying suitable projects and guiding them through the different steps of the approval process, from initial project idea through to final project registration.
Natsource Origination Services is able to use this experience to assist CDM and JI project developers understand the market and realise their project potential. We can advise project developers on the different transaction types and financing opportunities available through Natsource`s funds and provide guidance on the most appropriate contract structures for different risk appetites. For more information on the Kyoto Project Mechanisms please contact one of our transaction specialists
If you would like to submit details of a JI or CDM project to Natsource for consideration please forward a Project Idea Note (PIN) or Project design Document (PDD) to the Origination team - nts@natsource.com.
Alternatively you can complete our online project information form http://www.natsource.com/news/project_information.asp
- Assistance to Companies in Emissions Trading Schemes
Through its London office, Natsource Origination Staff have been active in the market for allowances under the UK and EU emissions Trading Schemes (ETS) since their inception and continue to offer expert advice to companies on how to successfully enter and trade allowances in these markets.
Our services are specifically designed to help industrial companies access ALL market opportunities but make the allowance trading process as simple as possible. Natsource's staff work closely with clients to provide them with a comprehensive understanding of the market, develop an appropriate strategy and step-by-step assistance at ALL stages.
2. Renewable Energy Certificates
Natsource is a market leader in arranging transactions of RECs in North America and Europe. Natsource has arranged several pioneering trades including one of the first unbundled trades of Texas RECs and an early sale of Texas RECs to both out-of-state and international buyers. Natsource also structured early RECs transactions in the Pennsylvania Jersey Maryland (PJM) region of the U.S. and one of the first multi-year forward contracts for REC delivery in the Northeast U.S. In Europe, Natsource has arranged numerous trades of UK Renewable Obligation Certificates (ROCs), Levy Exemption Certificates (LECs) and European RECs.
3. Conventional Air Pollutants
Natsource has arranged a significant volume of transactions for emissions permits for conventional air pollutants including NOx allowances in the SIP Call program, the Houston Galveston cap-and-trade program and RECLAIM, and SO2 allowances in the U.S. Acid Rain Program. In addition, Natsource has structured numerous discrete emission reduction (DER) and emission reduction credit (ERC) transactions throughout the United States.
