LevelTen announces new online platform for buying and selling renewable energy assets

Traditionally, acquiring or divesting assets was a slow, manual process that required insider networks. The process took months and, with a limited view of the market, participants couldn’t be certain they were transacting on the right projects at the right price. Now, using the LevelTen Asset Marketplace, sellers can list their assets for auction and instantly reach more than 470 developers and financiers, maximizing asset exposure to qualified buyers and investors. Participants can also work with LevelTen’s team of M&A experts to develop the best competitive positioning and to facilitate contract negotiations. Those interested in acquiring assets can issue automated RFPs and leverage LevelTen’s deep analytics to select high-value projects.

The LevelTen Asset Marketplace builds on the success of the LevelTen Energy Marketplace, the world’s largest online marketplace for renewable PPAs. Now, this global network of 470+ project developers and financiers can find PPA off-takers and buy and sell assets on a single online platform, making it faster and easier to complete these key hurdles in the development process.

“It’s hard to imagine getting the best offer for your house, or buying a home you won’t regret, if you transact only with the people in your contact list,” said Patrick Worrall, LevelTen Energy VP of Asset Marketplace. “Yet, selling and buying renewable energy assets used to operate like this. Over 470 project developers already participate in the LevelTen Platform; now they can quickly buy and sell their assets, knowing that they’re getting the best deal possible because they have full transparency and access to the market.”

News item from LevelTen