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.