Pexapark raises €20 million in Series C funding to expand and grow its PPA transaction advisory services. The platform helps renewable energy sales and risk management worldwide.
Pexapark, a Zurich-based energy investment platform, has raised €20 million in a Series C funding round. The investment aims to further expand the company in the market as well as the continued development of its PPA transaction advisory services.
The funding round was led by Telstra Ventures, with support from Swisscom Ventures and the A&G Energy Transition Tech Fund.
Pexapark specializes in software and advisory services for post-subsidy renewable energy sales and risk management, aiming to bring price transparency to 19 markets worldwide.
The company says it has seen its offering used by more than 200 renewable energy, storage and green hydrogen companies across Europe, including Octopus Energy, Generation, Statkraft, BP, EDF Renewables and Covestro, and has facilitated more than 30GW of PPA agreements to date.
