Pexapark secures US$8m in second round Series B financing

Facebook
Twitter
LinkedIn
Reddit
Email
With the latest funding Pexapark will expand into newer energy markets such as storage, and hire more staff in Europe in 2022. Image: Alight.

Renewables advisory firm Pexapark has secured €8 million (US$8.08 million) in a second round of Series B funding as it plots further expansion.

The funding will support the company’s growth into newer areas of the renewables market, such as energy storage, trading as a service and portfolio management.

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 will also look to expand its presence in Europe by hiring more staff throughout 2022.

S&P Global Commodity Insights, which partnered earlier this month with Pexapark to create a new PPA benchmark, and energy storage company Fluence have joined existing series A and B investors Encavis, RP Global and BayWa r.e. Energy Ventures.

The Switzerland-headquartered firm’s total equity investments has so far reached €19 million in order to accelerate its growth in the renewable energy market.

Pexapark uses tools such as its quantitative analysis technology to price, analyse, source and manage power purchase agreements (PPAs) which counts major energy companies such as Total Energies, Orsted or CIP amongst its clients.

Moreover, the advisory firm has secured the second half of a loan guarantee from the Swiss government’s Technology Fund.

Michael Waldner, co-founder and CEO at Pexapark, said: “With such a huge pipeline of renewables projects across the world, it is more essential than ever that developers, financiers and energy buyers are tuned into the risks, and that they have the right operating models to manage them.”

Read Next

July 28, 2025
Spanish energy firm Zelestra and Portuguese utility EDP have signed what they call the “first” solar-plus-storage power purchase agreement (PPA) in the Spanish renewables market.
July 25, 2025
The US state of New York expects to install 35GW of solar PV and 9.4GW of battery energy storage system (BESS) by 2040.
July 24, 2025
The Spanish Congress of Deputies has toppled the royal decree-law aimed at reforming the grid after the 28 April blackout, which affected the Iberian Peninsula.
July 23, 2025
US-based microinverter manufacturer Enphase Energy saw a decline of two percentage points in its gross margin for Q2 2025 due to Donald Trump's “reciprocal” tariffs regime.
July 23, 2025
A rise in global tariffs could impact solar PV and battery energy storage system (BESS) installations in the US and EU by up to 10% by 2035.
July 21, 2025
Xcel Energy has announced plans to install 2GW of new renewable energy capacity in the US states of Texas and New Mexico.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
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