Xpansiv completed the acquisition of a minority stake in Evident.

Xpansiv, a market infrastructure provider for the global energy transition, completed the acquisition of a minority stake in Evident, clean economy registry provider and certification body. Financial terms were not disclosed. “Following our foundations in the European REC markets in the late 1990s, we have spent the last ten years developing a robust, purpose-built, global renewable energy market under the I-REC Standard. We believe expanding our partnership with Xpansiv will enable the market to scale more rapidly and will support our strategy to pioneer new products and services as well as invest in supporting and developing our wider network of partners and innovators around the world,” Ed Everson, Evident Chief Executive Officer.