LevelTen Energy to Expand Asset Marketplace to Europe

Oct 6, 2022 10:35 AM ET
  • LevelTen Energy, a leading service provider of sustainable transaction infrastructure, today revealed the European development of the LevelTen Asset Marketplace, an on-line platform for buying and selling renewable energy assets.

European Reach

Considering that introducing in North America in 2021, nearly 250 one-of-a-kind designers have joined Asset Marketplace RFPs, leading to 11 closed deals and also many more in progress, the platform shares. These offers stand for over 2.5 GW of renewable energy. The European Asset Marketplace is available today as well as currently has energetic requests for propositions from developers seeking European projects, the platform further adds.

For project vendors, LevelTen will certainly submit details about the project on the Asset Marketplace as well as carry out targeted advertising and marketing to its broad network of designers. Entities looking for to acquire projects can search available listings, or demand proposals through the platform. LevelTen's software makes it easy to collect proposals, collect information to conduct due diligence, response concerns, and pick projects, vastly accelerating the acquisition procedure.

" The expansion of the Asset Marketplace is a testament to LevelTen's continued energy in Europe. Because opening our European headquarters in 2019, we've expanded LevelTen's platform to enable the industry to develop, acquire, as well as offer renewable energy a lot more effectively, and also we've seen amazing demand for our software and also services," says Flemming Sørensen, Vice President, Europe at LevelTen. "In Europe alone, we have actually seen over 1,500 PPA cost deals and 600 energetic projects on our Energy Marketplace. We're currently in 23 European countries, with greater than 240 European programmers utilizing our platform. We additionally just recently launched MarketPulse, cloud-based software that supplies access to real-time PPA as well as project data that aids industry specialists benchmark costs, evaluate the market, and also stay competitive."

LevelTen released MarketPulse, a cloud-based software that gives instant access to real-time data and analytics based upon actual market task in North America as well as Europe last month.

The LevelTen Asset Marketplace asserts that it combines the world's biggest collection of renewable energy project programmers as well as asset capitalists, and provides the software, analytics as well as know-how to swiftly deal projects under advancement, whatsoever stages of maturity. Clients such as Aura Power, Black Hill Energy Storage, Cypress Creek Renewables, Iberdrola, Lightrock Power and also Sol Equipments are making use of the LevelTen Asset Marketplace to procure as well as generate income from pre-construction renewable energy projects. "We have built the largest renewable energy community in Europe, consisting of programmers, as well as asset vendors, searching for reputable companions; and additionally capitalists who are eager to locate trustworthy designers with durable pipes to buy," said Carlos Almodóvar Almaraz, Director of Asset Marketplace Europe. "Expanding on the success we've seen in North America, LevelTen's Asset Marketplace will now make negotiating on brand-new renewable energy assets in Europe faster as well as easier for both customers and also sellers. Amid ongoing energy market volatility, it's more crucial than ever before to make sure projects can find funding as well as end up being operational with the least friction possible. The Asset Marketplace makes that happen," he added.

About LevelTen Marketplace

LevelTen Asset Marketplace declares that obtaining or unloading renewable energy assets was a slow-moving, hands-on and taxing process that required expert networks or expensive brokers. The procedure took months, and also with a limited view of the marketplace, individuals could not be certain they were negotiating on the right projects at the right price. LevelTen Asset Marketplace says that it enables vendors to discover one of the most suitable partner for their assets by immediately getting to the largest renewable energy network in Europe, making best use of asset direct exposure to qualified purchasers as well as financiers. The Asset Marketplace will certainly likewise help investors enhance their M&A pipeline by accessing genuine, workable project purchases, and also assigning capital to the very best bargains possible. Participants will gain from an advanced software product, in addition to LevelTen's group of M&A professionals, who will establish the most effective competitive positioning and promote agreement settlements, based on the platform.


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