Bluesource, the largest carbon credit developer in North America, will merge with Element Markets, a renewable natural gas marketing, and environmental commodities company, to form a joint firm owned by TPG Rise.
Element Markets is a firm that aims to use its expertise to deliver structured environmental compliance and optimization services to clients. Bluesource is a corporate climate advisory firm that works with global organizations to assist them in achieving their climate and environmental goals. The merger combines Bluesource’s knowledge in nature-based solutions and advisory services with Element Markets’ position as the market leader in greenhouse gas and low carbon fuels markets to establish a climate-focused firm that serves all sectors and geographies.
“Uniting Bluesource and Element Markets represents the realization of our shared vision to achieve a decarbonized future through quality, trust, and accountability in our environmental products and services,” stated Angela Schwarz, CEO of the new firm. “Environmental action cannot wait, and as a combined firm we are positioned as the global leader in driving integrated climate solutions for public and private organizations around the world.”