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

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

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

September 30, 2025
SynergyRED, a wholly owned subsidiary of Synergy, has submitted a development application for a 2GW hybrid renewable energy project in Western Australia's Mid-West Region.
September 29, 2025
Burns & McDonnell examines the outlook of the utility-scale solar sector amidst the latest policy and tariff changes.
September 26, 2025
Residential solar and energy storage could meet all the projected demand from US data centres over the next five years if tech companies invest in household energy infrastructure.
September 26, 2025
Global grids have failed to keep pace with renewable energy technologies and have become the “bottleneck of the energy transition”, according to a new policy report from the Global Solar Council (GSC).
September 25, 2025
Developer ACE Power and Osaka Gas Energy Australia have submitted plans for a 100MW solar-plus-storage project to Australia’s EPBC Act.
September 24, 2025
The development of India’s power transmission network is lagging behind the country’s rapid growth in renewable energy, leading to project delays and cost increases

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA
Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland