October 2008
Primary Carbon Aggregator Ltd, the company which will shortly become Carbon 350 Ltd is incorporated at Companies House with registration number 6733197. The name change actually occurs on 31st March 2009.
November 2008
At a Venture Capital Event, Nick Dimmock, Managing Director of Carbon 350 meets John Nicol for the first time. John began his working life as an Electronics Design Engineer. In 1972 he founded Norbain Electronics Ltd. The company was taken public via the USM in 1984 and over the next decade became the largest distributor of CCTV in Europe and one of the largest manufacturers in the UK. When John sold his interests in 2006 the company was capitalised at £60m, was fully listed on The London Stock Exchange , employed some 600 people and he was the Chairman with circa 30% shareholding. Discussions for investment continued culminating in a final agreement in Bexley, Kent in late December 2008. John became Chairman of Carbon 350 Ltd in 2009.
January 2009
Carbon 350 established corporate headquarters on the 16th Floor of The Oxygen Building; one of the most environmentally friendly buildings of its time, the Oxygen building uses 3 ground heat pumps to warm the building.
March 2009
Carbon 350 undergoes a name change from Primary Carbon Aggregator to Carbon 350 Ltd. The new name reflects the company’s objective to be a full service project developer concerned not only with broking carbon credits, but with developing and financing projects as well. ‘Carbon 350’ is seen as a proclamation for the reduction of CO2 in the atmosphere to 350 parts per million from the current 390 parts per million. 350 parts per million of CO2 per 1 Million parts of air is the highest recommended levels of CO2 to promote a healthy normal climate. As the proportion of CO2 in the atmosphere (regrettably) enjoys a linear relationship with global temperatures, it is felt that “Carbon 350” captures the root of the climate change problem and is an exceptionally strong brand going forward.
May 2009
Carbon 350 becomes fully capitalized having raised further investment from city and international investors. Brokerage operations begin.
June 2009
Carbon 350 team is further strenghened with the hires of key carbon credit originators around the world including: Robert Wace (South America), Karen Brito (Brazil) Aromita Paul (India) Hans Dhokola (India) , Tao Fu (China), Emmy Han (China) and Gary Yong (Singapore).
October 2009
Carbon 350 partners with Sampradhana Integrated Solutions for development of CDM Projects in India. http://www.sampradhana.com
November 2009
Carbon 350 partners with Holisteck SA for the development of CDM Projects in Chile. http://www.holisteck.cl/.
December 2009
Carbon 350 hires Anglo China Strategies for the development of CDM Deals in China. Anglo China is headed up by Bill Goldie, with over 15 years of experience within China, flanked by Larry Luo and Daniel Ken, based in Shanghai.
December 2009
The Carbon 350 Logo, as is now, is redesigned by the design consultancy; Five Foot Six Ltd. The logo further emphasizes the mission statement of Carbon 350; and depicts the not more than, not less than symbols relating to the proportion of CO2 in the atmosphere. Thus, not greater than, not less than 350 parts CO2 per million parts of air.
March 2010
Carbon 350 hires Luis Enderale and Sara Garcia Leon to assist in the development of the Ecuadorian CDM Market.
May 2010
Carbon 350 hires originators; Doru Laslau (Romania), Anita Mysck (Poland), Ilona Koneczna (Poland), Natasha Wilson (Russia, The Caucasus’s and The Balkans).
July 2010
Carbon 350 finishes it end of year with forward brokerage volumes of 1,670,000 Certified Emission Reductions (CERs).
October 2010
Carbon 350 operatives visit Romania to assist in development of Joint Implementation Projects involving Power Stations in Romania.
November 2010
Carbon 350 profiled on our Deal Radar section of Envirotech and Clean Energy Investor Summit, in London on 9-10 November 2011 and in the monthly magazine.
January 2011
Carbon 350 visits Washington DC to progress meeting with World Bank and Inter-American Development Bank.
May 2011
Bill Goldie is made Commercial Director of Carbon 350 & Arni Helgason made Finance Director of Carbon 350.
May 2011
Carbon 350 hires Francisco Acuna Carter, Stephanie Crichton Norero and their team of four Accreditors to develop Carbon 350 CDM Projects around the world. Francisco is made Director of Origination within Carbon 350 Ltd.
July 2011
Carbon 350 finishes end of year with pipeline business of approximately 50 Million Certified Emission Reductions.
September 2011
Carbon 350 operatives visit Moscow to further potential of 80 Million Tons CERs projects from The Caucasus Region and agree a development partnership with a Russian Project Developer.
September 2011
Carbon 350 operatives are awarded Project Development Mandate to develop over 40 Million Tons CERs in North West South America.
October 2011
Forward Transactions for 14 Million Certified Emission Reductions now completed.
