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Statkraft Signs Up To Trade ECX Products - Statkraft Becomes The 94th Member Of ICE Futures Europe To Trade ECX Emissions Contracts

Date 17/11/2008

Norway-based Statkraft, a leading European player in the renewable energy sector, became the latest member of ICE Futures Europe® to be given access to trade in ECX EUA and CER contracts.

The Statkraft Group is a leading player in Europe within renewable energy. The Group generates hydropower, wind power and district heating and constructs gas power plants in Norway and Germany. Statkraft is a major player on the European energy exchanges.

“We are pleased that Statkraft will be expanding their participation in the carbon market and have chosen to become members of ECX/ICE. ECX participants come from diverse geographies and industry sectors. The presence of Statkraft will further enhance this trend and lead to tighter pricing and deeper liquidity" said Patrick Birley, Chief Executive of the European Climate Exchange.