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Arctic acquires leading green energy certificate broker and strengthens its position in the renewables sector

Friday, 01 November 2019

Kumara Rathnam

class="MsoNormal">Arctic Securities AS (“Arctic”) is acquiring 47.5% of the shares in Cleanworld AS(“Cleanworld”). Cleanworld is one of Europe’s largest brokers of renewable energy certificates. The company also owns 43.9% of the shares in the research company Greenfact AS (“Greenfact”), a specialist in analysis and data on the green certificate market.

Cleanworld is a leader in broking green certificates, including Guarantees of Origin. The market is growing rapidly and spreading to new products and areas. It is driven by increased requirements as to the production and consumption of renewable energy in Europe and the rest of the world.

“We are very impressed by the position that Cleanworld and Greenfact have established in the market. We look forward to the companies joining us in the Arctic group and working with them to build a position as the leading centre of expertise with respect to broking, research and corporate services in ...

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