ClearBlue Markets Receives $8M Investment from RBC, Canada’s Largest Bank

Time Stamp: March 21, 2023 4:11 PM
Source Node: 2526196

ClearBlue Markets, a leading provider of environmental commodity market services, has recently received an $8 million investment from the Royal Bank of Canada (RBC), Canada’s largest bank. This investment will enable ClearBlue Markets to expand its services and enhance its technology platform, allowing it to better serve its clients and further establish itself as a leader in the environmental commodity market.

Environmental commodities, such as carbon credits and renewable energy certificates, are becoming increasingly important as companies seek to reduce their carbon footprint and meet sustainability goals. ClearBlue Markets provides a range of services to help clients navigate these markets, including market analysis, risk management, and trading support.

The investment from RBC is a significant endorsement of ClearBlue Markets’ expertise and capabilities in this area. RBC has a strong commitment to sustainability and has been recognized as one of the world’s most sustainable companies. By investing in ClearBlue Markets, RBC is demonstrating its confidence in the potential of the environmental commodity market and the importance of supporting companies that are working to address climate change.

ClearBlue Markets plans to use the investment to expand its services in key markets, including North America, Europe, and Asia. The company also plans to invest in its technology platform, which will enable it to provide more advanced analytics and trading tools to its clients.

“We are thrilled to receive this investment from RBC, which will enable us to accelerate our growth and better serve our clients,” said James Cameron, Chairman of ClearBlue Markets. “We believe that the environmental commodity market has enormous potential to help address climate change, and we are committed to providing our clients with the best possible services and support.”

The investment from RBC is just the latest in a series of positive developments for ClearBlue Markets. The company has recently expanded its team with several new hires, including industry veterans with extensive experience in environmental commodities. It has also been recognized as a leader in the market by several industry publications, including Environmental Finance and Energy Risk.

As the demand for environmental commodities continues to grow, ClearBlue Markets is well-positioned to capitalize on this trend. With the support of RBC and its other investors, the company is poised for continued success in the years ahead.