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Glencore, Merafe and the af Jochnick family - cornerstone investors in climate compensating preference share
Swedish Stirling intends to issue a carbon-offsetting preference share that will be unique in its class, in that it combines an attractive annual return with the fact that each preference share also reduces a certain amount of CO2 annually. This is made possible by the Company intending to retain emission rights generated from the Swedish Stirling facility at the Lion smelter for the first 5 years of the project or until it disposes of the facility and enables investors to participate to the global climate change mitigation efforts by financing the necessary energy transition.
Sweden,
(informazione.news - comunicati stampa - ambiente)
Sven Ljungberg , CCO, Swedish Stirling AB, +46 (0)31 385 88 30 ir@swedishstirling.com.
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/swedish-stirling/r/glencore--merafe-and-the-af-jochnick-family---cornerstone-investors-in-climate-compensating-preferen,c3611129
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