LevelTen Energy and RIC Energy Form Partnership to Speed up Adoption of Renewable Energy in Europe and North America
- The partnership enables RIC Energy to source renewable power purchase agreements for its clients through the LevelTen Platform
LevelTen Energy, the leading provider of renewable transaction infrastructure, and RIC Energy, a key photovoltaic developer, and renewable energy consultancy, have entered into a partnership that enables RIC Energy to source power purchase agreements (PPAs) for its clients through the LevelTen Platform.
Through this partnership, RIC Energy’s team of energy consultants will receive access to the LevelTen Energy Marketplace, the world’s largest PPA marketplace, with more than 1,300 projects located in 21 countries in North America and Europe. Using LevelTen’s RFP Automation, RIC Energy will also be able to request custom PPA proposals from over 470 project developers. Furthermore, RIC Energy and its clients can leverage LevelTen’s comprehensive suite of CFO-Ready analytics, which calculates over a billion data points a day, to select a PPA that best matches their energy usage, budget, timeline, location, risk tolerance, and more.
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“RIC Energy’s team of energy consultants advises companies on ways to reduce their energy costs and implement projects that minimize their environmental footprint,” said José Manuel Ventura, Head of Renewables Consulting at RIC Energy. “Through our partnership with LevelTen Energy, we can help our clients enter into power purchase agreements with utility-scale renewable energy projects that will achieve both of those goals.”
“At LevelTen, we’re on a mission to accelerate the energy transition by unifying buyers and sellers online and empowering them with the necessary tools and analysis to get deals done quickly,” said Flemming Sørensen, vice president of Europe, LevelTen Energy. “RIC Energy is a pioneer in the Spanish market, and has a strong presence throughout Europe and North America. With this partnership, they can expand their energy consulting practice with utility-scale renewable energy procurement services.”
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In addition to its solar project development activities, RIC energy provides energy consultancy services in order to offer its broad experience in renewable energy to companies interested in reducing their energy costs while becoming more environmentally friendly. The company is participating in the LevelTen Platform as an advisor only.
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