Trovio’s Environmental Asset Registry to Link with Xpansiv Connect™
- Xpansiv Connect integration will improve market access for Trovio’s CorTenX™ users
- Trovio’s CorTenX services to be linked alongside Xpansiv Connect’s 14 integrated global and regional carbon and renewable energy registries
NEW YORK, LONDON, SYDNEY — Xpansiv®, the leading market infrastructure provider for the global energy transition, today announced an agreement to enable connectivity between Trovio’s CorTenX Environmental Asset Registry Services and Xpansiv Connect, the leading integration hub for environmental commodity markets.
Trovio works alongside governments, not-for-profits and other issuing bodies delivering robust technology solutions to enhance transparency, connectivity, and traceability to help scale environmental markets. Trovio was recently selected by the Australian government’s Clean Energy Regulator (CER) to develop and deliver a new Unit and Certificate Register that will progressively consolidate the Clean Energy Regulator’s current registers, including the Australian National Registry of Emissions Units (ANREU) that supports the Australian Carbon Credit Unit (ACCU) market.
“Trovio’s API-first flexible technology was a key feature we identified, as it enables enhanced connectivity and growth for Australian environmental markets” said Mark Williamson, Executive General Manager, CER.
Jon Deane, Trovio CEO said, “We are pleased that the state-of-the-art registries we are delivering across the globe can be supported by Xpansiv Connect, providing greater connectivity and transparency to global environmental markets. We expect that linking to Xpansiv Connect’s hundreds of active market participants will further scale our clients’ products and introduce new entrants from across the globe, significantly enhancing price discovery and market liquidity to the benefit of all participants.”
“We are pleased to support connectivity to Trovio’s CorTenX Environmental Registry Services by extending the widely used Xpansiv Connect portfolio management system to CorTenX users” said Ben Stuart, Chief Commercial Officer, Xpansiv. “The integration of CorTenX registry technology can expand the number and type of voluntary and compliance environmental commodities available via Xpansiv Connect, which reflects the growing trend among end users to expand the range of carbon and renewable market-based mechanisms in their energy transition programs.”
About Xpansiv
Xpansiv operates the market infrastructure to rapidly scale the world’s energy transition. The company runs the largest spot exchange for environmental commodities, including carbon credits and renewable energy certificates. It is the premier provider of registry infrastructure for energy, power, and environmental markets. It also operates the largest independent platform for managing and selling solar renewable energy credits in North America.
Xpansiv is a leading provider of transaction and advisory services in global carbon, renewable energy, and energy transition markets through its Carbon Financial Services and Evolution Markets units. It also runs the leading multi-registry, multi-asset environmental portfolio management system and market data service.
Xpansiv’s rules-based markets and infrastructure enable stakeholders to deliver transparent, credible, and auditable environmental claims to address the growing global demand for assurance and accountability on climate action and sustainability performance.
Xpansiv investors include Blackstone Group, Aramco Ventures, Bank of America, Goldman Sachs, Macquarie Group Ltd., S&P Global Ventures, Aware Super, BP Ventures, Commonwealth Bank, and the Australian Clean Energy Finance Corporation.
For more information, please visit Xpansiv.com.
About Trovio
Trovio delivers trusted solutions, providing auditable, transparent, connected and secure technology infrastructure for environmental markets and data-enriched commodities. Trovio works with governments, not-for-profits, large corporate institutions, providing the required technology architecture to accelerate the energy transition. Trovio’s CorTenX proprietary technology allows an integrated approach for institutions to manage the unique attributes of non-fungible environmental assets and data rich commodities.
Media Contact:
Xpansiv: pr@xpansiv.com
