LevelTen Energy partners real estate company to simplify company PPA process

• Realty firm JLL is working together with LevelTen Energy to help its clients transition to clean energy by simplifying the corporate power purchase agreement (PPA) procedure.

A United States firm that has created an electronic marketplace for obtaining renewable resource, LevelTen's platform is said to consist of accessibility to greater than 4,000 PPA uses throughout 21 countries in North America as well as Europe.

JLL, which specialises in real estate and investment management, stated the alliance will certainly connect its clients-- consisting of office, retail as well as industrial firms-- to renewables developers while likewise providing them with a "holistic service" to decarbonise their energy supply.

The LevelTen offer follows JLL's dedication earlier this year to get to web zero by 2040 throughout all its procedures, consisting of client sites that it manages globally.

Ryan Warren, chief industrial police officer at LevelTen Energy, stated the company's Energy Marketplace enables its partners to help their clients find PPAs that are tailored to different energy requirements and also ecological impact concerns.

"LevelTen Energy thinks that clean energy ought to come to business of all sizes, which is why we have actually built the platforms as well as innovation to sustain even more clear and also reliable procurement deals," he said.

LevelTen obtained the support of Google as part of current a US$ 35 million Series C funding round that will certainly aid the business to increase its software program services. After launching its Energy Marketplace in 2018, LevelTen previously this year released its Asset Marketplace, which aims to simplify just how renewable energy projects are bought and sold.

In its Q3 2021 PPA Price Index report, released in October, the company revealed that Europe's a lot of affordable renewable PPA uses jumped 8% quarter-on-quarter following the continent's energy crisis.