Climate Commodities Finance Partners Launches with Former ... - dallasinnovates.com
Climate Commodities Finance Partners Launches with Former Family Office Exec as President " Dallas Innovates
Dallas-based Climate Commodities announced the launch of Climate Commodities Finance Partners and said that John Jose, a former family office executive, will lead CCFP as its president.
Climate Commodities is a climate economy-focused platform company with operating subsidiaries in physical trading, mineral processing & refining, transportation & logistics, renewable power, and insurance.
“John’s wealth of experience in capital formation positions CCFP exceptionally well to fulfill key capital gaps facing the climate economy and allows the Climate Commodities platform to offer its customers customized financing solutions to alleviate capital bottlenecks,” co-founder Nicholaus Rohleder said in a statement.
Prior to CCFP, Jose was portfolio manager at Headington Companies, a multibillion-dollar single-family office based in Dallas, where he led multi-sector direct investment and investment manager deal execution, strategy formation, and strategy implementation.
A platform for companies ‘leading the new climate economy’
“Climate Commodities has built a cutting-edge service platform for companies leading the new climate economy,” Jose said in a statement. “I’m excited about the initiatives we have in the works to help companies, investors, and strategic partners bridge the gap between innovation and investment. Our platform is designed to streamline access to capital markets for climate tech innovators while providing investors with curated opportunities to support businesses that are making a measurable impact on sustainability.”
Jose will lead CCFP’s rollout of a comprehensive suite of financing solutions at the corporate and project level across all major climate economy sub-sectors, including critical minerals and materials, solar, energy storage, hydrogen, carbon capture, alternative fuels, sustainable agriculture, and the circular economy.
CCFP said it will be supported by the Climate Commodities platform’s synergistic product suite of turnkey offtake, feedstock, and counterparty credit risk management solutions.
Climate Commodities Finance Partners said it serves all internal and external finance needs for Climate Commodities, a climate economy-focused platform company with operating subsidiaries in physical trading, mineral processing & refining, transportation & logistics, renewable power, insurance, and financial services.
In reference to a Financial Times article that said clean energy is moving faster than some people think and that investment in new large-scale fossil fuel projects is now a risky proposition, Jose wrote five months ago on LinkedIn:
“Until recently I too wasn’t aware of the size and momentum of this shift, and it’s not limited to clean energy. Across manufacturing, agriculture, consumer products, infrastructure, real estate, and any other industry even tangentially related to sustainability or other environmental concerns, there are innovative firms needing capital which represent good opportunities for investors.”
Climate Risk Partners merges into Climate Commodities
In a complementary move, Dallas-based Climate Risk Partners (CRP), a climate risk strategy start-up, announced its integration Thursday into Climate Commodities.
CRP will rebrand as Climate Commodities Risk Solutions (CCRS) in conjunction with the launch of Climate Commodities’ proprietary offtake, feedstock, and counterparty credit enhancement product line.
“CCRS’ proprietary counterparty credit enhancement product development pipeline is exceptionally well-positioned to scale within the Climate Commodities Platform, allowing it to offer its customers holistic credit enhancement solutions to de-risk their revenue contracts to attract traditional and non-dilutive capital at an earlier stage”, Climate Commodities’ Nicholaus Rohleder said in a statement.
Cody Edgeworth, a veteran specialty risk insurance executive “who has transacted in excess of $1 billion in the Lloyd’s of London specialist insurance market,” according to Climate Commodities, will lead the rollout of CCRS product line as CEO and will be based in Houston, TX.
David Seeley contributed to this report.
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Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”