Amsterdam, Dec 6 (Bernama-GLOBE NEWSWIRE) — AMSTERDAM (December 6, 2023) – STX Group, a leading environmental markets and climate solutions firm, today announces the launch of a working capital solution, specifically designed for environmental certificates. The launch comes as a response to the increased requirements for companies to hold environmental certificates to meet their ESG targets. Traditional financing methods often fall short in providing the necessary funding. STX Group has established an independent Special Purpose Vehicle (SPV) offering companies the necessary working capital funding for their environmental certificates.
The new service provides STX Group’s customers and counterparties with financial flexibility to manage the energy transition.