Your World of Legal Intelligence
 United Kingdom | +44 (0) 20 7284 8080

Xpansiv Acquires APX to Expand in Environmental Commodity Market.

Document Cited in Related
Vincent

MANews-(C)2009-2022

San Francisco-based Xpansiv, a market-infrastructure platform for global carbon and environmental commodities, has completed its acquisition of California-based registry infrastructure provider APX, to scale environmental commodity market infrastructure, the company said.

Terms of the transaction were not disclosed.

Xpansiv connects buyers and sellers of environmental commodities and provides market data for voluntary carbon offsets, renewable energy credits, and low-carbon fuels--all critical elements of decarbonisation.

Xpansiv's growing ecosystem supports companies seeking to meet environmental and emissions reduction goals.

Xpansiv and APX are long-term strategic partners, and Xpansiv exchange CBL is fully integrated with leading registries that operate on APX infrastructure.

In March 2022, Xpansiv acquired a 20% minority ownership interest in APX.

Earlier this month, Blackstone announced that funds managed by Blackstone Energy Partners...

To continue reading

Request your trial
COPYRIGHT Normans Media Ltd.

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT