ELEMENTAL COSEC LIMITED
Elemental helped to dual list on the New York and Copenhagen Nasdaq.
Managing 150 Entities for a leading renewable energy firm
Low Carbon required assistance managing the corporate secretarial work of hundreds of investment subsidiaries each of which owns an interest in a renewable energy asset such as a windfarm. As Low Carbon acquires assets it understandably wishes the corporate books and records of each new entity to be reviewed and maintained to a high standard in the interest of good governance.
Elemental onboarded over 150 companies to its state-of-the-art company record software and undertook an audit of each company to ensure that the company books and records were accurate and that there were no outstanding filings in respect of any of the entities.
The records of each investment company are now kept in a live state online to allow Low Carbon to access and view accurate and up-to-date records when needed. This facilitates good governance and allows Low Carbon to manage its portfolio of entities with efficiency and ease.
TORM was founded in 1889 and has sailed the seas for 131 years.
Company details
- Incorporated:
- 18 July 2011
- Industry:
- Renewable energy
“Elemental has supported Torm Plc since 2015 when they worked closely with our legal advisors to create the UK entity and then went on to support the dual listing on Nasdaq in both Copenhagen and New York. In the last 6 years, our ownership structure has posed unique challenges from a governance and company secretarial perspective but the team at Elemental can always be relied upon to provide quick, friendly and expert advice.”Chris Everard General Manager Torm plc