Clean energy share offering on JSE

Posted by Laura Grant on September 12, 2008
Posted in Business

Sterling Waterford Securities released its second Carbon Credit Note offering onto the JSE Securities Exchange on Monday. The carbon credit note is an opportunity for South Africans to invest in the carbon credit market, “the fastest growing financial market in the world and the only one not to have been affected by the global economic downturn”, the company says in a press release. The offer closes on October 4. The note has a maturity date of December 2012 and pays out the value of the carbon credit at the maturity date, said Sterling Waterford director, Gregor Paterson-Jones.

Sterling Waterford says that its Carbon Credit Note 1, which was listed on the JSE in 2005 and matured in mid 2008, realised a return of almost 250 percent for initial investors in rands and investors on listing realised around 135 percent.

Visit Sterling Waterford‘s website for more information.

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