This month Captured Carbon brokered it first LECs agreement with a generator based in Great Britain. Until now the company has been active in the Ireland and Northern Ireland however this move signals a strategic move into the larger market in Great Britain.
“This deal was quite challenging as it involved a number of issues that needed clarification. The sale of LECs must be carefully monitored and the correct audit trails need to be in place. Close consultation and communication with the Regulatory authorities is critical for a deal such as this. Captured Carbon identified an avenue to realise these sales and worked closely with all parties to ensure that the deal was approved.” Explained Duncan O’Toole, Managing Director.