2011

Weaver Announces Energy Credit Brokering Services Expansion

Weaver, the largest independent accounting firm in the Southwest (USA) and an independent member of Baker Tilly International, has announced the expansion of its energy credit brokering services as part of the renewable and energy compliance practice, effective 3 October 2011. Services include assisting clients with the purchase and sale of various energy credits, including Renewable Identification Numbers (RINs), sulphur credits, benzene credits and Low Carbon Fuel Standard credits.

"The expansion of these services complements our existing energy services very well," said Wade Watson, partner-in-charge of renewable and energy compliance services. "Key differentiators for Weaver are the energy credit brokering experience of our professionals, combined with in-depth regulatory knowledge and experience with a host of other energy compliance and consulting services."

These services will be managed by Sandra Dunphy, a director in Weaver's energy compliance practice, and Candace Loesby, who recently joined the firm from a multinational energy company. They each bring in-depth knowledge of the industry and extensive experience with credit brokering and other regulatory and consulting services. Together, they will work with clients to market or purchase credits, negotiate and prepare contracts, prepare and upload transactional data and validate credits.

Sandra has extensive experience in the renewable energy, petroleum fuels and compliance arena. She has expertise in energy contract negotiation services, industrial energy conservation strategies and energy distribution networks. Sandra previously developed an ever-growing fuel credit brokering business associated with the US Environmental Protection Agency (EPA), co-ordinating hundreds of transactions per year, with a total value of more than US$250m. She is also nationally recognised as a RIN expert in the US renewable fuels industry.

While new to Weaver, Candace has experience in the credit trading area. She has worked in energy compliance and reporting for several years and also has credit contract negotiation experience.

Weaver has aligned its pricing model to be highly competitive. Fees will be charged on basis points or as a percentage of the total transaction cost, depending on the type of credit being brokered.