Qnergy Sells Carbon Credits to Climate Investment from Landfill Methane Abatement Project in Utah
Deal News | Mar 06, 2025 | OGCI Climate Investments LLP
Qnergy, a prominent supplier of methane abatement solutions, has successfully transferred high-quality carbon credits to OGCI Climate Investments LLP. This transaction is a result of Qnergy's landfill methane abatement project in Utah, which exemplifies the company's dedication to reducing environmental impact through innovative solutions. The project targets the reduction of methane emissions from waste management activities, thereby generating certified carbon credits. OGCI Climate Investments, known for its focus on sustainable and environmentally responsible investments, has recognized the value of Qnergy's efforts in carbon reduction. This deal underscores a growing trend of investment in projects that aim to mitigate climate change by turning environmental initiatives into financially viable ventures.
Sectors
- Environmental Services
- Energy
Geography
- United States – The activity described takes place in Utah, highlighting the relevance of the U.S. in this context.
Industry
- Environmental Services – Qnergy's methane abatement project is directly related to services that manage and reduce environmental footprints, making this classification relevant.
- Energy – The project involves methane, a significant energy industry byproduct, aligning this article with the energy sector.
Financials
- – The article does not specify the financial details of the carbon credits transaction.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Qnergy | Seller of Carbon Credits | Company | A leading provider of methane abatement solutions in the oil, gas, and waste management sectors. |
| OGCI Climate Investments LLP | Buyer of Carbon Credits | PE Firm | A private equity firm focused on investments that mitigate climate change. |