Renewable Energy World: Five Companies You've Definitely Heard of Join Up to Buy Solar Energy in Aggregation Deal

LevelTen News
January 17, 2019

On January 17 Renewable Energy World described how the LevelTen Energy platform helped the Corporate Renewable Energy Aggregation Group close power purchase agreements.

Here is an excerpt from the article:

It's hard to find a common thread between the business models of Gap, Bloomberg, Cox, Salesforce and Workday but today they are announcing that they all have one big thing in common: their desire to clean up their organizations' energy supply by using renewable energy.

LevelTen Energy and its renewable energy procurement platform helped these household names close on 42.5 MW of a 100-MW North Carolina solar project, which was developed by BayWa r.e. This group of companies, coming together as the Corporate Renewable Energy Aggregation Group, is one more example of companies aggregating similar, relatively small amounts of renewable energy and collaboratively enter into a virtual power purchase agreement (VPPA).

Today's announcement between five international businesses lays the groundwork for other corporates to procure renewable energy cooperatively, maximizing value and reducing risk, according to the companies.

To read the full article, visit RenewableEnergyWorld.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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