Trading Emissions Gets Unsolicited Bid For PE Portfolio

UK-based clean energy project developer Trading Emissions has received an unsolicited bid to buy its private equity portfolio, Reuters reported. The company did not reveal the name of the suitor, but said it has started a formal sale process for the portfolio and would seek other offers, Reuters said. Trading Emissions’ private equity portfolio was valued in June at 116 million pounds ($180.4 million). It includes investments in Asia Biogas Singapore and Sun Biofuels.

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