NER300 – EIB publishes February sales report
- Mar 9, 2012
The European Investment Bank today published a report detailing the sales during February of EU carbon allowances under the NER300 initiative to raise funding for carbon capture and storage demonstration projects and innovative renewable energy technologies. During the month, EIB sold 23,500,000 EU allowances for a total value of EUR 221,476,500 (before deduction of expenses and market and EIB fees). All transactions were executed as OTC (“over the counter”) forward transactions, as previously anticipated. The February sales report can be found on the EIB’s NER300 website.