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.