Xpansiv Secures Credit Line from Macquarie to Fuel Growth and Pursue Additional Acquisitions

NEW YORK, SAN FRANCISCO — Xpansiv, the global marketplace for ESG commodities, today announced it has received additional financing from Macquarie Group’s Commodities and Global Markets division (“Macquarie”). Xpansiv secured a strategic debt facility from Macquarie for future growth and M&A activities, and to further establish its position as the digital nexus of the world’s burgeoning ESG commodity infrastructure.

Additionally, Macquarie plans to increase its commodity trading activity on Xpansiv’s market CBL, the world’s largest exchange for carbon offsets, renewable energy certificates (RECs), water, and digital fuel attributes. Macquarie participated in the groundbreaking first trade of Methane Performance Certificates(MPCs), which enable producers to generate a premium for responsibly sourced gas (RSG) with reduced upstream methane emissions backed by continuous monitoring, traceable back to the well pad. MPCs empower downstream buyers to claim corresponding deductions toward their net-zero goals.

“We are delighted to continue working closely with Macquarie, having previously worked together to deliver our first Global Emissions Offset,” said Xpansiv CFO Suzy Taherian. “This additional line of credit will help support and consolidate our position as the clear leader in global ESG commodity markets.”

Xpansiv completed three acquisitions in 2021—OTX in MarchHVB and Iguanadata in August, and SRECTrade in October—and continues to look for organic and inorganic growth opportunities. The company recently raised $US100 million from new and existing investors, and its CBL exchange surpassed 120M metric tonnes of carbon traded last year, while its market share doubled to 36%.

“We are enthusiastic about this deepening relationship with Macquarie,” said Xpansiv Executive Chairman Will Stewart. “The additional access to capital will power the continued expansion of the Xpansiv platform, ensuring our continued success as the world’s liquidity hub for ESG commodities.”

Macquarie has been a key Xpansiv partner in the launch and trading of the CBL GEO® and N-GEO carbon contracts, as well as the related CME futures contracts that have become prevailing reference contracts in the voluntary carbon market.

“The environmental commodities markets are experiencing significant growth and innovation,” said Erik Petersson, Head of Macquarie’s Global Carbon business. “Xpansiv is extremely well placed to bring buyers and sellers together in these rapidly evolving markets. This facility illustrates how Xpansiv and Macquarie continue to support the development of ESG markets, advancing the energy transition.”

About Xpansiv

Xpansiv is the global marketplace for ESG-inclusive commodities. These Intelligent Commodities bring transparency and liquidity to markets, empowering participants to value energy, carbon, and water to meet the challenges of an information-rich, resource-constrained world. The company’s main business units include XMarkets, the largest spot exchange for ESG commodities, including carbon, renewable energy certificates, water and Digital Natural Gas; XSignals, which provides end-of-day and historical market data; and XPortfolio, the leading multi-registry portfolio management system for all ESG-inclusive commodities. Xpansiv is the digital nexus where ESG and price signals merge. Xpansiv.com

About Macquarie Group

Macquarie’s Commodities and Global Markets group offers capital and financing, risk management, market access, physical execution, and logistics solutions across commodities, financial markets, and asset finance. Macquarie Group Limited is a diversified financial group providing clients with asset management and finance, banking, advisory, and risk and capital solutions across debt, equity, and commodities. Founded in 1969, Macquarie employs over 16,000 people globally. As of 31 March 2021, Macquarie had assets under management of $428.3 billion. Macquarie.com

PR Contacts

Rob Dalton and Peter Burton, pr@xpansiv.com
Charlie Morrow and Sam Barber, xpansiv@cognitomedia.com