Blue Carbon S2C (“BC-S2C”) arranges the predevelopment and development finance (equity, sub-debt, debt, grant) for our projects where we are the project sponsor and developer. We manage the funders, repay the debt, ensure the equity shareholders achieve their target project returns, and meet our grant obligations.
Finance – for Third-party projects
For carbon project developers and project sponsors (landowners) using the BC-S2C’s Trading Platform and project development services, BC-S2C is open to look at funding or co-funding arrangements (subject to the projects investment grade status). There are funding advantages of aggregation and economies of scale.
Australian carbon credit units (ACCUs) and certain other emissions units are financial products under the Australian Corporations Act 2001. This means we require an AFSL to carry on a financial services business (advise and deal in securities to wholesale clients) in relation to these emissions units.
|BlueCarbon Trading Pty Ltd (BCT)*
|*BCT is in the process of / or has been incorporated. BCT is a wholly owned subsidiary of Blue Carbon S2C Pty Ltd, ABN 58 657 919 330 (“BC-S2C”)
|Application process has commenced
|Blue Carbon S2C Pty Ltd is in the process of registering for an Australian Financial Services Licence authorising it to provide financial services to Wholesale Clients only as defined by the Corporations Act 2001. Most financial services provided by BC-S2C or its Corporate Authorised will also be designated services under the Anti-Money Laundering and Counter Terrorism Financing Act 2006. Under the provisions of this Act, BC-S2C is obliged to verify the identity of its clients.
|ASIC – RG 36
|For more information regarding licensing follow this link to ASIC’s Guide: RG 36 Licensing: Financial product advice and dealing »
|ASIC – RG 236
|Regulatory Guide RG 236 Do I need an AFS licence to participate in carbon markets? »