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Bunge acquires Climate Change Capital

04/16/2012 @ 9:26am

Bunge Limited, a global agribusiness and food company, and Climate Change Capital Limited, a U.K.-regulated sustainable asset manager and advisor, today announced that Bunge has completed its previously announced acquisition of 100% of Climate Change Capital Group Limited ("CCCG"), the parent company of CCC.

James Cameron, CCC's Vice Chairman, will replace Vivienne Cox as Chairman. Mark Macleod, CCC's Chief Financial Officer and acting Chief Executive Officer, will continue as CFO and Director. Alfred Evans will become CEO. Since 2005, Mr. Evans has advised Bunge on its internal emission reduction initiatives, overseen emission reduction services provided by Bunge's Ecoinvest Carbon subsidiary and served as Chief Investment Officer for the Bunge Emissions Group's emissions assets.

Bunge Limited is a leading global agribusiness and food company with approximately 32,000 employees in more than 30 countries. Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed and edible oil products for commercial customers and consumers; produces sugar and ethanol from sugarcane; mills wheat and corn to make ingredients used by food companies; and sells fertilizer in North and South America. Founded in 1818, the company is headquartered in White Plains, New York.

CCC (www.climatechangecapital.com) manages investments in companies, projects and technologies that provide products or services facilitating climate change mitigation or adaptation. Its asset management group focuses on the asset classes: carbon finance, private equity and property. CCC also provides financial, strategic and policy advice to energy-intensive industries, financial institutions, clean technology companies and governments. Climate Change Capital Group Limited (CCCG) is the parent company of Climate Change Capital Limited (CCC).

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