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Climate Change Capital Group Acquires US Environmental Consultancy M.J. Bradley & Associates
(London - 28th July 2008) Climate Change Capital ("CCC") is acquiring the US strategic environmental consultancy, M.J. Bradley & Associates, it was announced today.
The move, for an undisclosed sum, is the latest in a series of strategic moves in the US by the UK based investment banking group and fund manager dedicated to the low carbon economy. These include the acquisition of the business and assets of Quality Tonnes, a carbon project developer, and opening an office in Washington D.C. for policy and market development. CCC's activities include investing, through its Carbon and Private Equity Funds, in companies and projects that help mitigate climate change. CCC manages the world's largest private sector carbon fund.
Mark Woodall, Chief Executive, CCC said: "We are delighted to make this acquisition. The US is at a tipping point in its attitude to climate change and we see the country as a huge growth area in the investment opportunities created by reducing greenhouse gas emissions and addressing pressing issues of energy supply security. We think that the US knowledge and insights that Michael and his team have built up over the years are a perfect fit with the global expertise of CCC, and add to our capabilities to raise and invest capital to decarbonise economies."
Michael Bradley, the founder, will remain in charge of M.J. Bradley & Associates, which advises over 100 companies on environmental and energy policy, technology and implementation. The firm has offices in New Hampshire, Massachusetts and Washington D.C.
Michael Bradley said: "The scale and the challenge in the low carbon area is such that it is the right time to partner with an organisation that brings considerable technical knowledge and a thorough understanding of how investment capital works in this environment, all with a global perspective, which adds value to the services we offer our clients. Climate Change Capital fits that bill in every regard and will enable us to achieve our expansion plans in North America."
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Enquiries:
Climate Change Capital
Daniel Cremin +44 (0)20 7939 5319 dcremin@c-c-capital.com
M.J. Bradley & Associates
Michael Bradley +1 978-369-5533 mbradley@mjbradley.com
Notes to Editors:
About M.J. Bradley & Associates
M.J. Bradley & Associates, www.mjbradley.com, assists private industry, nonprofit organizations, and government agencies in the strategic assessment of environmental and energy policies, programs, and technologies.
The firm strives to help clients achieve responsible environmental goals consistent with their strategic and business objectives. It provides clients with high-quality information and services and facilitates innovative collaborations among various stakeholders. Its team has extensive experience in energy markets, environmental policy, law, engineering, economics and business.
