Overview
Karbone provides commodity trading, hedging, risk management, and market advisory services focused on renewable energy and environmental commodities[1]. Founded in 2008[4], the company operates three business units: Commodity Transactions for renewable energy and environmental commodities, Market Research providing proprietary pricing data and quantitative analytics, and Finance offering structured commodity financing and project finance[7]. Karbone covers carbon credits and carbon markets, renewable power, capacity markets, renewable fuels and utility-scale solar and wind assets[8]. The company reports more than $1 billion in annual volume across all business units and more than 5,000 clients since inception[5]. Karbone maintains offices in New York, Boston, and London[2][6], with its New York headquarters located at 675 Third Avenue, 31st Floor[6]. The company was founded by Izzet Bensusan, who serves as CEO[8]. In 2023, Karbone was named the biggest winner in Environmental Finance's Awards for its work in RECs, RINs and renewable fuels[9], and was selected by Ontario's IESO to design and market renewable attributes in its Clean Energy Credit program[10].
The company's own site places it in New York: Website states '3 cities: New York, Boston, and London' and lists New York office as '675 Third Avenue, 31st Floor New York, NY 10017' as th. [2]
Karbone states it was founded in 2008 and has been operating for more than 15 years. [4]
Karbone's New York office is at 675 Third Avenue, 31st Floor, New York, NY 10017, with additional offices in Boston and London. [6]
Karbone operates three business units: Commodity Transactions for renewable energy and environmental commodities, Market Research providing proprietary pricing data and quantitative analytics, and Finance offering structured commodity financing and project finance. [7]
Growth & traction
Karbone reports more than $1 billion in annual volume across all business units and more than 5,000 clients since inception. [5]
Karbone was named the biggest winner in Environmental Finance's 2023-2024 Awards for its work in RECs, RINs and renewable fuels, announced February 29, 2024. [9]
Partnerships
On December 7, 2023 Karbone was selected by Ontario's IESO to design and market renewable attributes in its new Clean Energy Credit program. [10]
Focus
- Karbone covers carbon credits and carbon markets, renewable power, capacity markets, renewable fuels and utility-scale solar and wind assets, and was founded by Izzet Bensusan, who serves as CEO.[8]
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