Pexapark bags new growth capital to target global, multi-gigawatt growth

Facebook
Twitter
LinkedIn
Reddit
Email
Image: Solarcentury.

Renewables software firm Pexapark has raised €6 million (US$6.7 million) in Series B funding as it seeks accelerate its growth through the coming years.

The funding round, led by BayWa r.e. Energy Ventures alongside existing Series A investors Encavis and RP Global, will help Pexapark bolster its suite of tools which it says are critical to subsidy-free renewables strategies.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Pexapark uses tools such as its “unique” quantitative analysis technology to price, analyse, source and manage power purchase agreements (PPAs), while also providing financial risk, portfolio management and other advisory services to renewables developers.

It already counts major European financiers and developers such as Credit Suisse, EEX, RWE and Vestas among its clients, and aims to use the new funding to expand globally.

The €6 million in new funding takes the company’s overall funding to €11 million (US$12.3 million), and co-founder and CEO Michael Waldner said Pexapark had been humbled by the support of its investors and customers alike.

“Our solutions have helped renewable energy firms secure financing via PPAs for over 5GW of projects. This new round of funding will help us grow our company to support the successful development of many more gigawatts worldwide,” he said.

Ulrich Seitz, managing director at BayWa r.e. Energy Ventures – the venture capital arm of European renewables stalwart BayWa r.e. – said it was excited to support a company helping to accelerate the renewables sector’s transition towards a subsidy-free era.

“Pexapark has already given companies a great deal of transparency into market risks in Europe via its datasets and software. This is a fundamental requirement for the industry in order to adapt to these risks worldwide and drive a global clean energy transition.”

Read Next

Premium
August 6, 2025
PV Talk: LevelTen’s Andrés Acosta discusses how an oversupply of clean projects is shaping Europe’s PPA market.
August 1, 2025
Independent power producer GoldenPeaks Capital has reached commercial operations on a 92MW solar PV portfolio in Hungary.
July 31, 2025
Matthias Taft, the chief executive officer of renewables developer BayWa r.e., will leave the company at the end of August.
July 18, 2025
Companies have signed 4.22GW of solar PV power purchase agreements in the first half of 2025, according to Swiss consultancy Pexapark.
July 14, 2025
ACWA Power has signed power purchase agreements (PPAs) with Saudi Power Procurement Company (SPPC) for five solar PV projects in the country.
July 10, 2025
German renewables company BayWa r.e. has secured a €3 billion (US$3.5 billion) loan for 'operational initiatives and pipeline expansion.'

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines