February 23, 2022

Private equity-backed carbon offset vendors Bluesource, Element to merge

Bluesource and Element Markets, two private equity-backed providers of products and services such as carbon credits to companies seeking to take action on climate change, said on Wednesday they had agreed to merge. The combined entity will be majority-owned by the impact investing arm of alternative asset manager TPG Inc and will be the largest originator and marketer of carbon and environmental credits in North America, the companies said…