GreenBiz: How Midsize Cloud Player Akamai Buys Clean Power

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GreenBiz: How Midsize Cloud Player Akamai Buys Clean Power

June 21, 2017

GreenBiz covered Akamai Technology’s latest power purchase agreement, and how LevelTen’s platform could facilitate similar aggregation deals in the future. 

Here is an excerpt from the article:

Another barrier holding back smaller companies can be their lack of in-house expertise with long-term, bulk power purchasing arrangements. One solution is to work with a third-party aggregator.

LevelTen Energy, for instance, has created a dynamic, two-sided market that aggregates PPA buyers and sellers, allowing them to connect and transact more efficiently than they’d likely be able to achieve on their own. LevelTen functions similarly to a mutual fund, charging its customers a fee equivalent to a small percentage of the contracted energy cost.

To read the full article, visit GreenBiz.com