Pexapark raises €20m of fresh capital to accelerate global renewables growth
Pexapark has secured additional financial backing from Telstra Ventures, Swisscom Ventures, and the A&G Energy Tech Transition Fund. This funding injection will further empower Pexapark in its global mission to provide renewable energy stakeholders with the tools and resources necessary for success in the ongoing energy transition.
“The renewable energy market is experiencing significant and sustained growth, driven by its cost competitiveness and robust political support. Despite this, renewable energy investors face a complex set of challenges – from market opacity to price volatility and regulatory pressures. In this dynamic landscape, possessing both market intelligence and energy risk management capabilities has become absolutely critical. These capabilities are crucial not only for competitively pricing energy but also for safeguarding capital by effectively managing exposure to market risks,” said Michael Waldner, CEO, Pexapark.
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Pexapark raises €20m of fresh capital to accelerate global renewables growth | Pexapark