GreenBiz: How Midsize Cloud Player Akamai Buys Clean Power

LevelTen News
June 21, 2017

GreenBiz covered Akamai Technology's latest power purchase agreement, and how LevelTen's platform could facilitate similar aggregation deals in the future.

Here is an excerpt from the article:

Another barrier holding back smaller companies can be their lack of in-house expertise with long-term, bulk power purchasing arrangements. One solution is to work with a third-party aggregator.

LevelTen Energy, for instance, has created a dynamic, two-sided market that aggregates PPA buyers and sellers, allowing them to connect and transact more efficiently than they'd likely be able to achieve on their own. LevelTen functions similarly to a mutual fund, charging its customers a fee equivalent to a small percentage of the contracted energy cost.

To read the full article, visit GreenBiz.com.

LevelTen Energy

LevelTen Energy is the leading provider of transaction infrastructure for the renewable energy economy. The platform delivers buyers, sellers, advisors, and financiers the automation software, data management, and standardized contracts needed to facilitate faster, safer renewable energy transactions. LevelTen’s marketplace of renewable energy power purchase agreements is the world’s largest, with more than 4,000 pricing offers spanning 21 countries in North America and Europe. LevelTen’s CFO-Ready Analytics™ automatically calculate more than a billion data points every day, providing buyers and advisors with leading-edge, real-time risk and value insights at modern market scale. Together, LevelTen and its partners share #OneGoal to accelerate the clean energy transition

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