Announced

Xpansiv to acquire Evident.

Synopsis

Xpansiv, a global market infrastructure provider for environmental commodities, agreed to acquire Evident, a global registry provider in renewable energy markets. Financial terms are not disclosed. “Today’s announcement reflects the shared goals and close relationship we have developed with Evident as we work to build energy transition solutions at scale, centering on transparent, independent certification and robust infrastructure. It is also a milestone in our diversification strategy to build out our renewable energy and power markets portfolio to more fully support the global energy transition. Along with our exchange, market execution, and portfolio integration capabilities, we’re making it easier than ever for companies to transact clean energy certificates and meet their sustainability goals," John Melby, Xpansiv CEO.

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