Month: December 2015

3Degrees named Best Trading Company by Environmental Finance Readers

First class customer service and strong industry relationships pave way for 3Degrees to stay at the top 

3Degrees announced today that it has been named the 2015 Best Trader for North American RECs by Environmental Finance Magazine.  The designation is based on reader assessment through the largest and most closely watched survey of the world’s environmental markets. 

3Degrees is known for managing a diverse portfolio of renewable energy certificates (REC). “Having a range of REC options means 3Degrees clients can support the type of clean energy that is most relevant to their business and geographic location,” says Scott Eidson, 3Degrees’ Head of Origination and Trading. 

The company has a long history of working with developers from project conception through contractual purchases of RECs and power. In 2014 alone 3Degrees took receipt of more than 11.5 million megawatt-hours from over 350 different renewable energy facilities. 47 percent of those were sourced from facilities that came on line in 2010 or more recently. The purchases were made under 255 distinct contracts. “Strong relationships with project developers and brokers are what help 3Degrees stand apart in the industry — and meet our mission to connect people with cleaner energy on a massive scale,” says Eidson. 

This is the fourth time 3Degrees has earned a top designation by Environmental Finance readers in this category. The company was also named EPA Supplier of the Year for the eighth time earlier this year.