Sindicatum Carbon Capital Group acquires Verdeo Group

Singapore based Sindicatum Carbon Capital Group, a company that produces clean energy and environmental commodities (such as carbon credits) through the abatement or displacement of Greenhouse Gases from a global portfolio of projects, has acquired 100% of the outstanding shares of Verdeo Group, a developer of emission reduction projects in North America.  Terms of the deal were not disclosed.

Verdeo will become a wholly-owned subsidiary of SCC and will operate as SCC’s North American business unit with the primary objective of expanding SCC’s asset base in that market.  Verdeo will continue to be led by Josh Green, its current CEO, and will operate from its existing office in Washington D.C.  SCC’s current US operations will be integrated with Verdeo’s.

USA, Washington & Singapore

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