Dusseldorf, 20.09.2023 – SIX has made a strategic investment in Carbonfuture. Carbonfuture specialises in managing the entire lifecycle of CDR credits (Carbon Dioxide Removal certificates), from initial project support and due diligence to digital tracking and independent verification. Using its digital infrastructure, Carbonfuture provides monitoring, reporting and verification services to ensure the integrity, transparency and reliability of CDR credits.
SIX has taken a stake as lead investor in a Series A round of financing. This strategic investment marks SIX’s entry into the growing CO2 removal market and its expansion into a new asset class. The investment also complements its recent ESG offerings.
A CMS team headed by lead partner Dr Marcel Hagemann and co-lead Katharina Mareike Franitza advised SIX on all legal aspects of the transaction.
About SIX
SIX operates the infrastructure for the Swiss and Spanish financial centres, thus ensuring access to the capital markets and the flow of information and money between financial market players. It is the Swiss centre of competence for payments and other bank services. As a data provider, SIX delivers reference, pricing and corporate action data to clients around the world, while also providing regulatory services and indices. The company has a workforce of 4,160 employees and a presence in 19 countries.
CMS Germany
Dr Marcel Hagemann, Lead Partner
Katharina Mareike Franitza, Counsel, Co-Lead
Ole Gunnar Weyand, Senior Associate, all Corporate/M&A
Philippe Heinzke, Partner
Sara Kapur, Associate, both Commercial
Dr Martin Friedberg, Partner
Dr Hendrik Arendt, Senior Associate, both Tax
Amelie Schäfer, Partner, Employment
Birgit Wagner, Legal Manager, Smart Operations
Press Contact
presse@cms-hs.com
