Texas markets

Element Markets and Bluesource officially merge to create

HOUSTON, June 14, 2022 (GLOBE NEWSWIRE) — Element Markets and Bluesource today announced a new brand name, Anew™, forming one of the largest climate solutions companies in North America. The name signifies the unification of two leaders in environmental credit marketing and origination who joined forces through a merger in February of this year. The combined company, backed by TPG Rise and NGP, offers an unparalleled range of services to a large and diverse international clientele that includes Fortune 50 companies and hundreds of other public and private organizations.

As part of the new brand launch, Anew is introducing “Climate as a Service” – an approach that offers businesses and organizations a seamless solution to navigate the increasingly complex landscape of environmental responsibility.

Climate as a Service (“CaaS”) will enable organizations to align their climate impact goals with achievable next steps. CaaS offers stakeholders access to a full portfolio of carbon reduction solutions, including advisory services, carbon credits generated by nature-based solutions and other greenhouse gas reduction projects, renewable natural gas (RNG), renewable energy credits, electric vehicle credits, emissions credits, and capital formation and deployment strategies. The approach will be usable by practitioners in sustainability departments as a result of the business.

“We are providing concrete solutions to the real problem of climate change,” said Angela Schwarz, CEO of Anew. “The Industrial Revolution, while unprecedented in promoting positive social and economic change, failed to properly address the very real and negative impact on the planet and climate. We must rapidly deploy strategies and solutions to reverse our current course.”

Anew is a leader in all aspects of climate change mitigation with best-in-class experience and service offerings. Since the establishment of its legacy companies, Anew has processed more than 150 million tons of carbon, supplied more than 240 million gallons of diesel equivalent of renewable transportation fuels and developed projects on more than 3.5 million acres of forest and farmland. The company’s activities consist of avoiding emissions from 539 million solar panels generating electricity for an entire year.

Anew leads new businesses in the environmental sector, including electric vehicles, carbon capture, utilization and storage (CCUS) and emerging technologies. Anew’s capital formation and deployment segment enables the company to use its vast experience and expertise to fund climate-related projects and accelerate climate action.

Anew’s name and brand align with its stated mission to “make the most of the skills, capabilities, experiences and influence we possess to enable the greatest positive climate impact”. The name not only reflects a fresh outlook, but also optimism about the unified company’s ability to lead a market-driven response to the defining challenge of our times.

“TPG Rise is proud to support Anew as it becomes a first-of-its-kind, full-service provider of end-to-end carbon emissions solutions,” said Marc Mezvinsky, Business Unit Partner, TPG Rise. and board member of Anew. “Climate solutions such as carbon credits are an integral part of ongoing decarbonization strategies in businesses and organizations around the world. Anew will continue to be a trusted partner to these organizations and will play a vital role in improving the origination process and the market for a wide range of environmental credits.

Anew has offices in Houston, Texas; Salt Lake City, Utah; and Calgary, Alberta, as well as San Diego, Los Angeles, San Francisco, Washington, DC, Toronto and Budapest, Hungary. The company’s new website address is www.anewclimate.com and the full integration of the two former companies is expected to be completed by the end of 2022.

About again

Anew is accelerating the fight against climate change by enabling any business or organization to align its conservation and impact goals with achievable next steps. With a comprehensive solutions portfolio that includes advisory services, carbon credits, renewable natural gas, renewable energy credits, EV credits, plastic credits and emission reduction credits, we are lowering barriers to participation in environmental markets for private and public sector clients. As North America’s leading distributor and creator of carbon and environmental credits, we bring together strategic finance, regulatory expertise, scientific insights and a focus on impact to enable businesses to thrive while building a sustainable future. Anew is the result of the February 2022 merger of sustainable industry leaders Element Markets, LLC and Bluesource, LLC. The company has offices in the United States, Canada and Europe, and an environmental product portfolio that spans five continents.

About TPG Rise

TPG Rise is TPG’s global impact investing platform. With approximately $14 billion in assets under management across The Rise Funds, TPG Rise Climate and Evercare Health Fund, TPG Rise is the world’s largest private markets impact investing platform committed to delivering social and positive and measurable environmental benefits, as well as competitive financial returns.

TPG launched its impact investing strategy in 2016 with the creation of The Rise Funds in partnership with Bono and Jeff Skoll. Rise Funds offer deep expertise in business solutions to help achieve the United Nations Sustainable Development Goals, focusing on opportunities across geographies and industries, including climate and conservation, education , food and agriculture, financial inclusion, healthcare and impact services. Building on the success of its first Rise fund, TPG has since raised successor Rise funds and expanded the TPG Rise platform to include sector impact investment funds, including TPG Rise Climate, a dedicated climate investment strategy, and Evercare Health Fund, an emerging fund. markets an investment vehicle in the healthcare sector. Across the platform, TPG Rise offers investment resources, business building skills, disciplined metrics, and a global network to help growth-stage, high-potential, mission-driven businesses succeed. accelerate their growth and impact.

Media contacts:
A new
Alison Greene, Director, Marketing
Jeanethe Falvey, Senior Director, Marketing and Communications
[email protected]

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Image 1: Anew Logo

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