A client had EUAs tied up as collateral under a loan agreement with a financial institution.  The collateral was significantly undervalued by the financial institution.  Therefore the client wished to release the collateral to be able to realise its full value.  VEF provided the client with funds sufficient to pay off the loan and thereby release the collateral.  The client then sold the collateral via VEF, releasing €3 million of cash.

A client needed bridge financing to purchase capital equipment. VEF executed the sale and repurchase of over 700,000 EUAs to provide two years of funding before the equipment was refinanced.

A client operating a municipal district heating plant needed to purchase fuel before the winter heating season.  However, it did not have funds available.  VEF arranged for the lending of EUAs to the client which they then sold to raise the necessary funds.  The loan was duly repaid when the client received fresh allowances on allocation.

We executed three online auctions of EUAs for the Hungarian and Lithuanian governments in 2006 and 2007, selling 1.7 million EUAs in all.  These were the first ever online auctions of EUAs by governments.  Since then we have developed a more modern and robust auction platform which corporations and governments can use for both buying and selling.