Plus Ultra Asset Management, PUAM is focused on the management of environmental assets linked to biodiversity, ozone depleting substances, water and renewable energies. PUAM has a particular and proven expertise in carbon finance.

Paris, October 8th 2010 Plus Ultra Asset Management GmbH (PUAM), Munich, today signed a portfolio management contract with Dexia Crédit Local (DCL), Paris, covering the portfolio management of the Dexia Carbon Fund SICAV-SIF (DCF). The EUR 50m DCF was launched in 2008 and has since then invested in a wide range of CDM projects contracting several million CERs in Asia and Latin America. With the end of the investment period, DCL and the management team have agreed on a new management structure for the carbon fund. Clemens Huettner, Managing Director, and Dr. Frédéric Brodach, Director of Portfolio Management both leave Dexia Carbon Fund Managers, the initial Dexia-owned management company of DCF, with immediate effect. PUAM, wholly owned by Mr. Huettner and Dr. Brodach, takes over the management mandate in order to pursue the collaboration as external manager of the fund.

Victoria/Munich, December 31st 2010 Plus Ultra Asset Management GmbH, Munich, today successfully completed its advisory assignment for Pacific Carbon Trust (www.pacificcarbontrust.com). The services provided included strategic consulting on the mechanisms and opportunities of international and North American carbon markets as well as on the supply and delivery of suitable offset projects to the trust. About Pacific Carbon Trust: Pacific Carbon Trust is a Crown corporation established in 2008. Its purpose is to purchase greenhouse gas offsets for the Government of British Columbia and to deliver British Columbia-based greenhouse gas offsets, to help clients meet their carbon reduction goals and to support the growth of B.C.’s low-carbon economy.

Plus Ultra Asset Management GmbH (PUAM), Munich, has today started testing the beta version of Tschach Solutions’ groundbreaking CDM Evaluation Tool. The CDM Evaluation Tool calculates the expected issuances including probability distributions of CDM projects and entire CDM portfolios. It fully runs on the computers of the user, i.e. no sensible data need to be transferred via the internet. The tool utilizes the proprietary CDM and Monitoring Report database of Tschach Solutions and models not only the expected success rates of individual projects, but also the delay times in both the registration and the issuance process. By also including ERPA-related data, the tool also calculates the expected gross profit of the portfolio as well as the sensitivities on performance distributions and future carbon prices. Tschach Solutions has today made available the beta version of the CDM Evaluation Tool to PUAM. Over the coming weeks PUAM will bring in its experience of managing public and private carbon portfolios and its understanding of the current CDM market conditions to test the tool’s functionalities and help fine-tune its results. Both firms are convinced that their joint effort will eventually benefit their respective clients by delivering more realistic and meaningful projections of their assets’ evolution. The final version of the CDM Evaluation Tool will be available starting end of April 2011. About Tschach Solutions: Tschach Solutions is a young and fast-growing company that aims to provide superior market intelligence for the carbon market. It develops computer-based models and tools, but also provides tailor-made analysis to its customers. The main focus is on forecasting market prices, price risks, assessment of CDM-statistics and the effects of political and regulatory developments. Tschach Solutions has developed an outstanding carbon market model and a couple of innovative products with features unique in the carbon market.
http://www.tschach-solutions.com/

Belgrade / Munich, July 2011: Plus Ultra Asset Management GmbH (PUAM) becomes active in the Serbian renewable energy market by rendering carbon investment advisory services for overseas investors in Serbian wind power assets. The recent adoption of the Renewable Energy (RE) Law by the Serbian parliament, together with the opportunity to generate carbon credits with RE projects, provides security and interesting project possibilities for investors. Serbia officially applied for European Union membership on 22 December 2009 and the European Commission recommended making it an official candidate on 12 October 2011. PUAM expects an above average growth of RE investment volumes in the Balkans and is happy to provide strategic carbon advisory services to its customer base.

Zielona Góra, October 5th 2011: Plus Ultra Asset Management GmbH (PUAM) was invited by EWE Polska, the Polish subsidiary of the 5th German utility EWE AG, to participate in the workshop called “Energy Efficiency: Learning from international experiences for Poland”. PUAM shared its understanding of the German energy efficiency market and experiences made therein over the past 18 months with fellow participants. The broad scope of contributors from industry, technical suppliers, architectural offices and the Ministry of Environment comprehensively analysed the Polish energy efficiency challenges and presented a set of concrete recommendations to a large floor of local mayors supplied with energy by EWE Polska. This exchange of ideas has reaffirmed PUAM’s conviction that energy efficiency is Europe’s biggest energy resource.