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Tricorona purchase aimed at bolstering Barclays' CER portfolio

Barclays' $143 million bid for Tricorona should provide the bank with value all along the emissions supply chain

Swedish carbon trading firm Tricorona will provide Barclays PLC with an "off-the-shelf" large, diversified certified emissions reduction (CER) portfolio, while maintaining a degree of independence, according to a source familiar with the matter.

"Tricorona's obvious strength is primary CER origination," says the source. "It's widely known that Barclays has not pursued that particular business

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