LevelTen Energy to Expand Asset Marketplace to Europe

Oct 7, 2022 12:13 PM ET
  • LevelTen Energy, a leading service provider of renewable purchase facilities, today revealed the European development of the LevelTen Asset Marketplace, an online platform for dealing renewable resource assets.

European Reach

Because launching in The United States and Canada in 2021, virtually 250 one-of-a-kind designers have actually participated in Asset Marketplace RFPs, causing 11 closed offers as well as a lot more underway, the platform shares. These bargains represent over 2.5 GW of renewable resource. The European Asset Marketplace is available today and also already has active ask for proposals from developers seeking European projects, the platform further includes.

For project vendors, LevelTen will upload details regarding the project on the Asset Marketplace as well as perform targeted advertising to its broad network of developers. Entities seeking to obtain projects can surf available listings, or request propositions with the platform. LevelTen's software makes it simple to collect proposals, gather details to carry out due persistance, solution inquiries, and choose projects, vastly increasing the acquisition process.

" The expansion of the Asset Marketplace is a testament to LevelTen's ongoing momentum in Europe. Because opening our European headquarters in 2019, we've expanded LevelTen's platform to enable the sector to construct, purchase, as well as market renewable resource extra effectively, and we have actually seen extraordinary need for our software as well as solutions," states Flemming Sørensen, Vice Head Of State, Europe at LevelTen. "In Europe alone, we have actually seen over 1,500 PPA cost offers and also 600 energetic projects on our Energy Marketplace. We're currently in 23 European countries, with more than 240 European developers using our platform. We additionally recently launched MarketPulse, cloud-based software that offers access to real-time PPA and project data that helps industry professionals benchmark prices, analyze the marketplace, and also stay competitive."

LevelTen introduced MarketPulse, a cloud-based software that gives instant access to real-time data and analytics based upon genuine market activity in North America and also Europe last month.

The LevelTen Asset Marketplace asserts that it combines the globe's largest collection of renewable energy project developers and asset investors, and delivers the software, analytics and also experience to swiftly buy and sell projects under growth, at all phases of maturity. Customers such as Aura Power, Black Mountain Energy Storage, Cypress Creek Renewables, Iberdrola, Lightrock Power and also Sol Systems are using the LevelTen Asset Marketplace to obtain and monetize pre-construction renewable resource projects. "We have actually developed the biggest renewable energy community in Europe, including programmers, as well as asset vendors, searching for trustworthy partners; as well as also capitalists that aspire to find reputable developers with robust pipelines to invest in," stated Carlos Almodóvar Almaraz, Director of Asset Marketplace Europe. "Expanding on the success we have actually seen in North America, LevelTen's Asset Marketplace will currently make negotiating on brand-new renewable energy assets in Europe faster and also easier for both customers and sellers. Amidst continuous energy market volatility, it's more vital than ever to make sure projects can find financing and also end up being functional with the least friction possible. The Asset Marketplace makes that occur," he added.

Regarding LevelTen Marketplace

LevelTen Asset Marketplace declares that acquiring or divesting renewable energy assets was a sluggish, manual as well as time-consuming procedure that needed insider networks or expensive brokers. The process took months, and with a limited view of the marketplace, individuals couldn't be certain they were negotiating on the appropriate projects at the right price. LevelTen Asset Marketplace claims that it allows vendors to discover one of the most suitable partner for their assets by instantly getting to the largest renewable energy network in Europe, optimizing asset exposure to qualified buyers as well as financiers. The Asset Marketplace will additionally help investors boost their M&A pipeline by accessing actual, workable project transactions, and also assigning resources to the very best deals possible. Participants will certainly take advantage of a sophisticated software product, in addition to LevelTen's team of M&A professionals, that will certainly develop the most effective competitive positioning and also promote agreement arrangements, according to the platform.


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