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Tuesday, January 11, 2011

Trading Emissions says could consider selling itself, (TREM)

British clean-energy projects developer Trading Emissions Plc (TREM.L) said it could consider selling itself, instead of a piecemeal sale of its businesses, to realise more value. The company, which received an unsolicited bid for its private-equity portfolio in November, said on Tuesday it had got further expressions of interest for that business as well as for its carbon portfolio. Trading Emissions, which invests in U.N.-backed carbon credits and holds equity stakes in renewable energy projects, had previously said it wanted to sell assets in its private-equity portfolio in the short and medium term.

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