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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

E.On AG, Masdar establish carbon joint venture

Posted on 20 January 2010

From Marketwatch.com: German utility E.On AG and Masdar, a unit of Abu Dhabi-based Mubadala Development Company, announced Tuesday an agreement to establish E.On Masdar Integrated Carbon (EMIC), a joint venture focused on developing carbon-emission reduction projects on the global market.
The new company plans to monetize emission reductions resulting from improving the energy efficiency of industrial facilities……………………………….Full Article: Source

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