BGC Environmental Brokerage Services' Renewable Energy Certificate Offering Now Certified by Green-e Energy
San Francisco, CA, July 24, 2013 /3BL Media/ — Center for Resource Solutions (CRS) today announced that BGC Environmental Brokerage Services L.P., a fully owned subsidiary of BGC Partners, Inc., received Green-e Energy certification for its new renewable energy certificate (REC) offering “BGC National Renewable Energy Basket.” The product is available for commercial and wholesale customers. BGC joins the growing network of renewable energy providers that offer clean energy options certified by Green-e Energy, North America's leading certification and verification program for renewable energy.
"BGC has a strong record of providing brokerage and advisory services in the North American voluntary and compliance environmental commodities markets, and we’re excited to welcome them to the program" said Alex Pennock, manager of Green-e Energy. "Their ability to broker a certified product will expand their reach in the marketplace and ensure a broader range of customers benefit from their services."
BGC’s National Renewable Energy Basket is available to commercial, governmental, and wholesale customers nationwide, and sources from renewable energy from across the country. BGC customers will support currently available renewable resources and growth of the program will aid in the development of new renewable resources.
“We are thrilled to offer this top tier product within the renewable energy marketplace,” said Samantha Katz, Managing Director of BGC Environmental Brokerage. “This certification expands BGC's ability to service energy and sustainability goals within our global corporate client base.”
Green-e Energy is the leading renewable energy certification and verification program in North America, with nearly 300 participating vendors selling over 30 million megawatt hours of renewable electricity and renewable energy certificates in retail transactions in 2011. The program provides independent, third-party certification to ensure that certified renewable energy meets strict environmental and consumer-protection standards.
Providers of Green-e Energy certified renewable energy agree to abide by the Green-e Energy Code of Conduct, and meet strict disclosure and truth-in-advertising requirements. All marketers of Green-e Energy certified products undergo an annual third-party verification audit to document that the company purchased or generated enough quantity and type of renewable energy to meet customer demand and marketing claims.
About BGC Environmental Brokerage Services
BGC Environmental Brokerage Services, L.P is a leading global provider of financial services to the world’s environmental and green energy markets, offering transaction services, access to finance, advice and technology to clients across the world. Formerly known as CantorCO2e, we became BGC Environmental Brokerage Services, L.P. in August 2011 following BGC’s acquisition of our North American business. BGC EBS is the oldest environmental brokerage business in existence. Our roots began 1992 and we have since grown to become a leader in the environmental space, brokering numerous trades with a market value exceeding $10 billion.
About BGC Partners, Inc.
BGC Partners is a leading global brokerage company primarily servicing the wholesale financial and real estate markets. Products include fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commercial real estate, commodities, futures, and structured products. BGC also provides a wide range of services, including trade execution, broker-dealer services, clearing, processing, information, and other back-office services to a broad range of financial and non-financial institutions. Through its BGC Trader and BGC Market Data brands, BGC offers financial technology solutions, market data, and analytics related to select financial instruments and markets. Through the Newmark Grubb Knight Frank brand, the Company offers a wide range of commercial real estate services, including leasing and corporate advisory, investment sales and financial services, consulting, project and development management, and property and facilities management.
BGC’s customers include many of the world’s largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, property owners, real estate developers, and investment firms. For more information, please visit www.bgcpartners.com.
BGC, BGC Trader, Grubb & Ellis, Grubb and Newmark are trademarks and service marks of BGC Partners, Inc. and its affiliates. Knight Frank is a service mark of Knight Frank Limited Corp., used with permission.
About Green-e and Center for Resource Solutions
A program of Center for Resource Solutions, Green-e is North America's leading independent consumer protection program for the sale of renewable energy and greenhouse gas reductions in the retail market. Green-e offers certification and verification of renewable energy and greenhouse gas mitigation products through Green-e Energy, a renewable energy certification program; Green-e Climate, a greenhouse gas emission reduction certification program; and Green-e Marketplace, a program that provides forward-thinking organizations a simple, nationally recognized logo they can use to communicate their renewable energy and climate commitment to their customers and shareholders. To learn more about Green-e Certified products and programs available in all 50 states and Canada, visit www.green-e.org.