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3C and Factor become First Climate

3C and Factor become First Climate!
Bad Vilbel / Frankfurt - Zürich - Berlin - Washington DC - Santiago de Chile - Beijing, April 14, 2008

Dear friends, colleagues and partners,

 

New name, additional business lines, yet same dedicated management and staff. First Climate has shifted gears into the fast lane, driven with experience, precision, speed and a renewed passion.

 

First Climate combines the competence and expertise in project and methodology development from Factor AG and the financial savviness in carbon credit commercialization and the climate neutral expertise of 3C. As a vertically integrated player covering the entire carbon credit value chain, First Climate is among the leading companies in the dynamic carbon markets.

 

First Climate not only provides more reliability and a larger credit pipeline to clients in mandatory and voluntary carbon markets, it is a strategic decision to raise the bar in the carbon market. Amidst market consolidation trends, vertically integrated players covering the entire carbon credit chain will become the market movers. First Climate leverages its position to increase both its worldwide presence as well as its lines of business.

 

Already known as one of the prime climate neutral providers and carbon fund advisors, First Climate intends to become the first name in project financing. With extensive experience in structuring carbon focused financial investments, the company offers innovative investment solutions for owners of and investors in emission reduction projects by tapping both conventional as well as specific carbon financing sources. First Climate has a comprehensive track record in financial advisory and financial management and an outstanding reputation as an experienced full service carbon market service provider.

 

First Climate’s Carbon Investment Advisory Team is expected to announce a major deal within the next few weeks.

 

The Project Origination Department is one of the largest teams within First Climate, spanning across four continents being operational in more than 25 countries. The diverse cultural and professional background of First Climate’s currently 80 staff members is mirrored in the diversified and comprehensive portfolio of CDM and VER projects.

 

“Now it's time to show the market that First Climate is more than the sum of Factor and 3C. We are carbon market movers”, said Hüwener at the company’s inception event.

 

As outlined in an earlier e-mail, all contracts remain fully effective and in place, and the same contact persons will continue to work with our partners. Please do not hesitate to contact this person or our press relations office with questions.

 

» Download press release as PDF

Contact

First Climate AG
Press Department
Industriestr. 10
61118 Bad Vilbel - Frankfurt/Main
Germany

Fritz Wilhelm
Head Corporate Communications
p: +49 (0)6101 55658-34
f:  +49 (0)6101 55658-77
E-Mail: press@firstclimate.com

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