LevelTen Energy has expanded its global online platform for buying and selling renewable energy assets into Europe.
The LevelTen Asset Marketplace brings together renewable energy project developers and asset investors, while providing software, analytics and expertise to enable sales of projects under development, at all stages of maturity.
Since launching in North America in 2021, nearly 250 unique developers have participated in Asset Marketplace RFPs, resulting in 11 closed deals representing over 2.5GW of renewable energy.
Clients such as Aura Power, Black Mountain Energy Storage, Cypress Creek Renewables, Iberdrola, Lightrock Power and Sol Systems are already using the LevelTen Asset Marketplace to procure and monetise pre-construction renewable energy projects.
“We have built the largest renewable energy community in Europe, including developers, and asset sellers, looking for reliable partners; and also investors who are eager to find reputable developers with robust pipelines to invest in,” said Carlos Almodóvar Almaraz, director of LevelTen Asset Marketplace Europe.
“Expanding on the success we’ve seen in North America, LevelTen’s Asset Marketplace will now make transacting on new renewable energy assets in Europe faster and easier for both buyers and sellers.
“Amid ongoing energy market volatility, it’s more important than ever to make sure projects can find financing and become operational with the least friction possible. The Asset Marketplace makes that happen.”
The LevelTen Asset Marketplace allows sellers to find the most suitable partner for their assets by “instantly reaching the largest renewable energy network in Europe, maximising asset exposure to qualified buyers and investors”.
For project sellers, LevelTen will upload details about the project on the Asset Marketplace and conduct targeted marketing to its broad network of developers.
Entities seeking to acquire projects can browse available listings, or request proposals through the platform.