Anthesis and LevelTen Energy Partner to Drive Renewable Energy Uptake Through Unrivalled Access to Power Purchase Agreements
January 11, 2021
Partnership pairs LevelTen’s mission to accelerate the clean energy transition with Anthesis’ goals of driving carbon reduction targets
Anthesis, the sustainability activator, today announced a new partnership with LevelTen Energy, the leading provider of transaction infrastructure for the renewable energy economy, enabling it to leverage the LevelTen platform to source new renewable energy power purchase agreements (PPAs) for its clients globally.
The partnership provides Anthesis with direct access to the world’s largest marketplace of PPAs, enabling it to search, view and compare more than 4,000 offers to find the best deal for its clients. LevelTen’s mission is to accelerate the clean energy transition by bringing buyers and sellers together online with the tools and analysis they need to get deals done quickly. By combining Anthesis’ best-in-class advisory services with LevelTen’s renewable transaction infrastructure, the partnership can help organisations achieve their renewable energy goals in a faster, safer, and more cost-effective way.
According to BloombergNEF, more than 80% of all renewable energy contracts signed in the U.S. in 2019, equivalent to 11.2GW worth of energy, were under the virtual PPA model. Corporations are turning toward PPAs because they are an economical way to acquire the energy attribute certificates they need to hit their targets, and they have a demonstrable impact on reducing carbon emissions by bringing new renewable energy projects online.
With access to the largest PPA marketplace and most current data on renewable energy projects in the United States and Europe, the partnership ensures that Anthesis and its clients select the best PPA to meet their needs in terms of value, risk, location, emissions impact and more. The partnership also provides Anthesis with access to LevelTen’s powerful efficiency tools, including quality-controlled market data, automated risk analytics, RFP automation software, and performance monitoring software. LevelTen’s renewable transaction infrastructure makes the entire PPA procurement process more efficient while reducing risk, all of which allow clients to streamline the path towards achieving their carbon reduction targets.
This partnership is the latest example of Anthesis’ technology-enabled approach, utilising leading tools to maximise sustainable performance for its clients globally. With more than twenty software solutions developed in-house, along with selecting the top existing software solutions, the partnership with LevelTen will continue Anthesis’ practice of leveraging innovative technology to drive sustainable outcomes for clients.
“Anthesis activates sustainability by bringing together leading experts, best-in-class technology, global presence and delivery expertise,” said George Favaloro, Executive Director at Anthesis. “LevelTen’s extensive PPA marketplace will make achieving renewable energy goals more attainable for our clients, giving us a powerful new tool in our toolbox to use on their behalf. This breakthrough platform is ideally suited to support Anthesis in delivering sustainable performance to the world’s leading organisations.”
Ryan Warren, vice president of marketing at LevelTen Energy commented, “LevelTen and Anthesis share the same vision to accelerate the clean energy transition. By bringing together Anthesis’ strategy and implementation expertise, and LevelTen’s global energy project supply and renewable transaction infrastructure, we’re both well-positioned to make this future a reality.”
Anthesis is the sustainability activator. We seek to make a significant contribution to a world which is more resilient and productive by working with cities, companies, and other organisations to drive sustainable performance. We develop financially driven sustainability strategies, underpinned by technical expertise and delivered by innovative collaborative teams across the world. Anthesis has clients across industry sectors from corporate multinationals such as Target, Cisco, and Kimberly-Clark, and we also support early stage companies through Anthesis Ventures. The company brings together over 500 experts operating in 40 countries around the world and has offices in Andorra, Brazil, Canada, China, Colombia, Finland, France, Germany, Ireland, Italy, the Middle East, the Philippines, Portugal, Spain, Sweden, the UK, and the US. www.anthesisgroup.com
About LevelTen Energy
LevelTen Energy is the leading provider of transaction infrastructure for the renewable energy economy. The platform delivers buyers, sellers, advisors, and financiers the automation software, data management, and standardized contracts needed to facilitate faster, safer renewable energy transactions. LevelTen’s marketplace of renewable energy power purchase agreements is the world’s largest, with more than 4,000 Transaction-Ready Pricing™ offers spanning 21 countries in North America and Europe. LevelTen’s CFO-Ready Analytics™ automatically calculate more than a billion data points every day, providing buyers and advisors with leading-edge, real-time risk and value insights at modern market scale. Together, LevelTen and its partners share #OneGoal to accelerate the clean energy transition. Visit us at LevelTenEnergy.com to learn more.