LevelTen Energy’s Dynamic Matching Engine Enables Starbucks to Close on a Groundbreaking Three-Project Renewable Energy Portfolio

LevelTen Energy have announced the close of a three-project renewable energy portfolio purchased by Starbucks, comprising wind and solar farms in North Carolina, Oklahoma and Texas from developers ALLETE Clean Energy, Apex Clean Energy, BayWa r.e. and Cypress Creek Renewables. The portfolio, custom-built for Starbucks using LevelTen Energy’s technology-enabled procurement platform, aggregates three strategically-located power purchase agreements (PPAs), each with nearly-identical terms, from three distinct project developers. This portfolio transaction, in which a corporate buyer simultaneously procures a fraction of the power generated by multiple new projects, is unprecedented. The…

Read More