LevelTen Energy operates a two-sided marketplace that connects renewable energy developers with corporate PPA buyers, making it easier to buy and sell PPAs. The platform aggregates buyers and sellers, streamlining the RFP process and handling data management so developers can focus on their projects, while offering standards and credit solutions to help deals close. Unlike some peers, LevelTen emphasizes broad buyer access (up to 99% of potential buyers), standardized deal structures, and greater market liquidity to reduce risk and costs. The goal is to accelerate and simplify the renewable energy PPA market by making transactions faster, cheaper, and easier for both developers and corporate buyers.
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Industries
Company Size
51-200
Company Stage
Series D
Total Funding
$138.3M
Headquarters
Seattle, WA
Founded
2016
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Total Funding
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LevelTen Energy expands marketplace into powered land, names John Barrow to lead new initiative. October 13, 2026 Nationwide Request for Proposal (RFP) for powered land projects launches later this month, connecting sellers with LevelTen's hyperscaler and data center buyers. SEATTLE, October 13, 2026 - LevelTen Energy, operator of the world's largest clean energy marketplace, is expanding its platform into powered land, enabling the purchase and sale of data center projects under development. To support this new initiative, LevelTen has appointed John Barrow, a data center developer with more than 20 years of energy industry leadership, as director. The company will launch a national RFP for powered land projects later this month. LevelTen is applying a decade of experience working with the largest data center companies and hyperscalers to one of the industry's most pressing challenges: efficiently finding sites that can be powered quickly. By extending its platform, expertise and credibility, LevelTen is bringing to powered land the same rapid, organized, and transparent process those buyers already rely on for energy and capacity. Today, LevelTen's large energy and capacity buyer RFPs serve a network of more than 1,300 project developers, delivering buyers a clean, prioritized shortlist of the most qualified offers. LevelTen also anonymizes and aggregates data to deliver unique market intelligence, based on real pricing insights, back to participants. Utilities, independent power producers, banks, consulting firms, and large energy buyers value that intelligence to inform critical strategy decisions. Barrow has spent more than 20 years in leadership roles across the energy industry, including at CyrusOne Data Centers, and CPS Energy in ERCOT. His data center development experience spans utility strategy, infrastructure planning, power generation, and capacity solutions. "In my career, I've had a front-row seat to the data center boom," said Barrow. "Everyone is grappling with the same questions: where to site facilities, how to uncover the best projects amid the noise, and how to power them as quickly as possible. I joined LevelTen because a technology platform can solve those problems for industry participants at scale." Through the LevelTen Marketplace, powered land sellers will be able to efficiently connect their most compelling opportunities with more hyperscaler and data center buyers. LevelTen can also match those opportunities with available generation capacity and energy, bringing projects closer to turnkey status. Participating sellers will receive first-to-market intelligence in exchange for their submissions, including benchmarking on pricing and site development maturity. "Powered land needs the same transparency and process efficiency LevelTen brings to clean energy transactions," said Barrow. "Bringing powered land onto the marketplace where hyperscalers already source energy and capacity means those same hyperscalers can find the most compelling sites and the power to energize them in one place." Are you interested in learning more about LevelTen's powered land pilot initiative? Reach out to [email protected] or fill out the form below. If you are interested in the upcoming RFP but not yet credentialed to use the LevelTen Energy Platform please submit a ticket via its support center. Only credentialed companies will be able to participate. By submitting this information, you're consenting to LevelTen Energy's Privacy Policy and Terms and Conditions. If you ever wish to access, correct, or delete the information above or opt-out, please email [email protected]. No tags found. LevelTen Energy LevelTen Energy is the leading provider of transaction infrastructure for the clean energy transition, connecting buyers, sellers, and financiers through an international marketplace powered by trusted data and automation. The LevelTen Marketplace supports power purchase agreements (PPAs), energy attribute credits (EACs), capacity, hybrid PPAs, granular certificate trading, and storage, so organizations can execute and manage clean energy transactions with confidence. With a network of more than 1,300 project developers in 35 countries, LevelTen is advancing carbon-free energy markets by making them more transparent, liquid, and accessible. Jul 28, 2022 LevelTen Energy October 13, 2026 Jul 28, 2022 LevelTen Energy September 23, 2026 Jul 28, 2022 Sarah Wolf September 21, 2026 * Global HQ 1-800-995-2152 2211 Elliott Ave, Suite 110 Seattle, WA 98121 * EUROPEAN HQ +34 91 43249 87 Serrano 240 28016, Madrid, Spain * email [email protected] Billing questions [email protected] Solutions. About.
Easy VPPA tender puts PPAs within immediate reach for energy buyers. September 23, 2026 If your organization has been priced out, out-competed, or stuck in procurement churn while trying to meet 2030 sustainability goals, this is your moment to move. LevelTen Energy and Constellation just opened a new Easy VPPA tender designed to support small- to medium-size clean energy buyers. The timing of this process is fortuitous, with its conclusion preceding a fast-approaching Science Based Targets initiative (SBTi) deadline that will make securing PPAs far more complex. Starting February 1, 2027, the SBTi's Corporate Net-Zero Standard V2.0 begins phasing in, bringing tighter rules for how renewable energy contracts count toward Scope 2 targets - including requirements around EACs needing to be sourced from within buyers' grid regions of operation. Contracts signed before this date will comply with SBTi's legacy clause, and be considered legitimate under SBTi V1.3.1. After this date, buyers will be procuring under a much stricter, more complex standard. Easy VPPA provides a fast lane for small- and medium-sized buyers. Leveraging Constellation's industry-leading access to clean power, Easy VPPAs provide an aggregated PPA opportunity that simplifies procurement success. The current Easy VPPA round is built for buyers ready to move now, before the SBTi window closes. Here's what sets it apart: Operational projects in ERCOT. Through Easy VPPA, LevelTen and Constellation are running an RFP for an aggregated volume of at least 400,000 MWh/year of energy and bundled RECs, with a tenor of 8+ years, sourced from operational wind and solar projects in ERCOT. This approach brings added value for offtakers: * No development risk. These projects are already built, interconnected, and generating. There's no construction timeline to wait out, no permitting, policy, or supply-chain exposure, and no gamble on whether a project reaches commercial operation. * Real price advantage. With construction costs already recouped, tax credits applied, and development risk in the rearview, operational projects typically carry more competitive pricing than pre-operational - bringing buyers de-risked supply without paying a premium. * Contract signature before SBTi changes. PPAs signed before February 1, 2027 are beholden to SBTi V1.3.1 requirements via SBTi's legacy clause. This date is fast approaching, less than five months away. After that, new procurements must meet SBTi 2.0's stricter requirements, including physical deliverability - meaning RECs secured via virtual PPAs in markets outside buyers' grid regions of operation will no longer count toward offsetting annual emissions. Moving now locks in qualified REC supply under today's rules. Aggregations made for all. This Easy VPPA round runs through a well-established, streamlined process: LevelTen aggregates demand from small- and mid-sized buyers, buyers sign a short form agreement with Constellation, and Constellation signs a PPA for a production volume that corresponds to the final aggregated load. You get hyperscaler-level access, without needing hyperscaler-level offtake volumes, legal resources, or complex internal teams. (Read more about the Easy VPPA process.) Get started. If you've been trying to secure a PPA and haven't found the right fit - or you're looking to close the gap on your 2030 goals with a deal that's ready to sign - this round pairs operational projects with an actionable timeline that drives real organizational impact. Buyers ready to move by mid-October may be eligible to participate in this process, or considered for future rounds. Talk to your energy advisor about Easy VPPA, or fill out the form below and LevelTen Energy, Inc.'ll connect with you. By submitting this information, you're consenting to LevelTen Energy's Privacy Policy and Terms and Conditions. If you ever wish to access, correct, or delete the information above or opt-out, please email [email protected]. LevelTen Energy LevelTen Energy is the leading provider of transaction infrastructure for the clean energy transition, connecting buyers, sellers, and financiers through an international marketplace powered by trusted data and automation. The LevelTen Marketplace supports power purchase agreements (PPAs), energy attribute credits (EACs), capacity, hybrid PPAs, granular certificate trading, and storage, so organizations can execute and manage clean energy transactions with confidence. With a network of more than 1,300 project developers in 35 countries, LevelTen is advancing carbon-free energy markets by making them more transparent, liquid, and accessible. Jul 28, 2022 LevelTen Energy September 23, 2026 Jul 28, 2022 Sarah Wolf September 21, 2026 Jul 28, 2022 LevelTen Energy July 21, 2026 * Global HQ 1-800-995-2152 2211 Elliott Ave, Suite 110 Seattle, WA 98121 * EUROPEAN HQ +34 91 43249 87 Serrano 240 28016, Madrid, Spain * email [email protected] Billing questions [email protected] Solutions. About.
Amplifying impact: LevelTen and Rivian team up to revitalize impact+. September 21, 2026 Key takeaways: * Rivian and LevelTen are bringing Rivian's 3C purpose-driven procurement toolkit - developed in partnership with The Nature Conservancy - into LevelTen's existing Impact+ framework, turning Rivian's tested approach into a standardized, scalable way for buyers and developers to evaluate and act on project impact. * The two companies collaborated to sharpen the methodology behind Impact+, expanding its coverage of biodiversity, water use, community benefits, and labor practices. * The update is a response to significant market changes since Impact+ first launched in 2021. * The new Impact+ gives impact-oriented buyers a more comprehensive way to measure a project's total impact, and turns developers' responsible practices into a competitive edge beyond price. LevelTen and Rivian have long believed that the massive scale of the clean energy transition is also an opportunity to advance a wide array of economic, community, and conservation objectives. LevelTen turned this conviction into action in 2021 with the launch of Impact+: a shared framework for buyers and sellers to communicate and prioritize the aspects of project build-out that impact the communities, ecosystems, and economies they touch. Also in 2021, Rivian began requiring impact metrics as part of its RFPs. Shortly thereafter, Rivian collaborated with The Nature Conservancy to release Power With Purpose: Driving Change Through Clean Energy Procurement, to show how the 3C (Climate, Conservation, and Community) methodology can be applied to any clean energy procurement process - an approach that has been market tested and refined ever since. In the ensuing years, the clean energy market has evolved dramatically. Power demand has skyrocketed, and fossil-powered energy infrastructure has resurged amid the AI data center boom. Understandably, communities are asking tough questions about the energy infrastructure cropping up in their area, and who it's meant to benefit. Many corporate community engagement and development teams are working harder than ever to ensure their clean energy projects are permitted and built in ways that respect and benefit the needs of their host communities. But the weight of that work doesn't always rise to the top of how a project gets evaluated. It's become increasingly clear that an impact measurement tool is only as useful as its capacity to reflect the latest needs and concerns of communities, as well as the realities developers and buyers are navigating. In this spirit, today LevelTen Energy, Inc. is announcing a major evolution of Impact+, developed in partnership with Rivian. By combining Rivian's energy-buying influence with LevelTen's market platform, the new Impact+ will help make higher-impact projects easier to identify, evaluate, and scale. How it started. For most of the last decade, the renewable industry ran on a central currency of carbon-free megawatt-hours. If a project displaced fossil generation and could prove it was additional - meaning it wouldn't have been built without the buyer's contract - the conversation was finished. It was an important starting point, and helped a lot of clean power get built. It was also never the whole picture. A project can be carbon-free and still strain the land, water, and communities around it. What's more, none of these impacts show up in a standard PPA contract or term sheet. As public scrutiny of how and where renewable energy gets sited intensifies, "carbon-free" is often no longer a sufficient selling point. LevelTen built Impact+ to address these gaps. By turning dozens of qualitative signals about a project's siting, workforce, and environmental practices into a single, comparable score, Impact+ gives buyers a standardized way to compare project impact across the Marketplace without building a bespoke evaluation framework for every RFP. It was the industry's first attempt at putting a number on the kind of project qualities that existed only in a developer's pitch deck, if they were mentioned at all. In the years since, Impact+ has become a standard reference point on LevelTen's Marketplace - cited in RFP evaluations, factored into sourcing decisions, and, for impact-driven buyers like Rivian, a required part of every developer response. A standard buyers can stand behind. Greater insight into a project's critical development phases illuminates key differentiators beyond cost alone. In addition to dramatically de-risking sourcing, developers that participate in genuine community engagement and thoughtful siting practices tend to move projects through permitting and interconnection with less friction than those that treat those steps as a formality. Few companies have prioritized impact measurement like Rivian. The company has made purpose-driven procurement central to how it sources power, requiring a completed Impact+ score from every developer that responds to its LevelTen RFPs. This data drives thoughtful consideration of how the projects powering Rivian's products and operations can benefit the communities where its customers live and drive, beyond just a carbon-free label. "The energy transition isn't just about adding clean megawatts. It's about building projects that strengthen communities and safeguard critical ecosystems. Integrating Rivian's 3Cs approach into LevelTen's Impact+ tool makes high-impact, responsible energy procurement measurable, actionable, and scalable for the entire industry." Andrew Peterman, Director of Advanced Energy Solutions Rivian The changes LevelTen Energy, Inc. is announcing today build on the original Impact+ model to better-reflect the realities facing the people and habitats in close proximity to today's clean energy build-out. Rooted in a rigorous, Rivian-led evaluation process, the updates both sharpen and expand the survey's core questions, improving coverage of biodiversity, water use, community benefits, and labor practices specifically. In a market where permitting obstacles and local opposition are already leading causes of delay, a strong Impact+ score is now an even more powerful indicator of the likelihood a project will be built on schedule. That combination also matters when a procurement decision has to hold up to scrutiny from boards, investors, and communities. Doing well by doing good. Since its inception, Impact+ has given developers who invest in intentional siting practices and stronger community-benefits planning a way to make those investments visible to buyers who might otherwise compare projects on commercial terms alone. That visibility matters more now than ever. As permitting journeys grow tougher and buyers face heightened pressure to justify sourcing decisions, developers who can prove they've thoughtfully engaged communities and protected habitats provide a premium offtake product. And because Impact+ scores live on in LevelTen's Marketplace, a strong showing on one project becomes evidence for the next, turning investments developers are already making into a reusable, recognizable asset. "A robust, third-party framework like Impact+ validates our team's commitment to community and habitat from the earliest stages of development. That discipline is what keeps a project moving cleanly from initial siting to commercial operation." Kelly Snyder Executive Vice President of Origination EDPR North America How it's going. The new Impact+ reflects an enduring fact of energy development: needs and priorities evolve constantly. But while circumstances change, transparency and visibility around impact will remain key to forging the path toward better clean energy development. "The fastest path to a successful clean energy transition is one that delivers real benefits for nature and people. LevelTen Energy's leadership in integrating climate, conservation and communities - what we call the 3Cs - into a standardized methodology for project evaluation can help empower clean energy buyers to support projects with lasting social and environmental benefits" Jessica Wilkinson, North America Renewable Energy Lead The Nature Conservancy The updated Impact+ is live on the LevelTen Marketplace today. To learn more about how it works, or how to get started as a buyer or developer, fill out the form below. By submitting this information, you're consenting to LevelTen Energy's Privacy Policy and Terms and Conditions. If you ever wish to access, correct, or delete the information above or opt-out, please email [email protected]. Sarah Wolf Jul 28, 2022 LevelTen Energy September 23, 2026 Jul 28, 2022 Sarah Wolf September 21, 2026 Jul 28, 2022 LevelTen Energy July 21, 2026 * Global HQ 1-800-995-2152 2211 Elliott Ave, Suite 110 Seattle, WA 98121 * EUROPEAN HQ +34 91 43249 87 Serrano 240 28016, Madrid, Spain * email [email protected] Billing questions [email protected] Solutions. About.
ABB invests in LevelTen Energy to advance clean energy procurement. Aug 06, 2026, 05:00 ET * Partnership and investment in LevelTen Energy - the world's largest clean energy marketplace - strengthens ABB's ability to support industrial and commercial customers secure affordable, long-term clean energy without compromising speed to power in a complex grid environment * Enhances ABB's electrification and advisory services by expanding end-to-end solutions spanning energy procurement, electrification, optimization, and emissions reduction * Highlights ABB's commitment to collaborating with innovative startups that accelerate the energy transition and create customer value ZURICH, Aug. 6, 2026 /PRNewswire/ - ABB has formed a strategic partnership and made a minority investment in LevelTen Energy, the world's largest marketplace for clean energy transactions including power purchase agreements (PPAs). Headquartered in the United States, LevelTen has facilitated more than 20 GW of clean energy transactions in more than 35 markets across North America and Europe on behalf of a wide array of industry participants, including hyperscalers, commercial and industrial companies, and utilities. The strategic partnership and investment strengthen ABB's energy and carbon (E&C) advisory services offering by combining its expertise in electrification, digital solutions and energy management with LevelTen's market-leading platform, Financial details of the investment were not disclosed. As businesses face increasing pressure to decarbonize operations, securing access to reliable, affordable clean electricity has become one of the most complex challenges on the path to net zero. "Our customers are under real pressure to reduce their carbon footprint while managing energy costs and maintaining reliable, 24/7 operations," said Stuart Thompson, President of Electrification Service division at ABB. "One important piece missing from the solutions we provide today: a straightforward way to secure long-term clean energy at the right price. LevelTen Energy brings exactly that capability. Through the partnership, ABB will be able to extend its energy and carbon advisory services with renewable energy procurement capabilities, helping customers move from planning and implementation to ongoing optimization and reporting." The collaboration is particularly relevant as regulatory requirements evolve. More businesses are moving beyond annual renewable energy matching toward more stringent expectations around when and where clean energy is generated and consumed. These customers increasingly rely on technologies such as battery energy storage systems, microgrids, and advanced energy management solutions, areas where ABB has extensive expertise. LevelTen's capabilities in clean energy contracting and environmental attribute certificate trading complement these technologies, helping customers build more comprehensive and verifiable decarbonization strategies. Thompson added: "The partnership is expected to accelerate growth opportunities for both companies. ABB will gain access to LevelTen's extensive ecosystem of clean energy developers and projects, creating new opportunities to deliver monitoring, optimization and lifecycle services. At the same time, LevelTen will benefit from ABB's domain expertise and global customer relationships, particularly within manufacturing, industrial and commercial sectors, as well as ABB's strong presence in growth markets including Asia-Pacific." Bryce Smith, CEO of LevelTen Energy, said: "This strategic partnership will generate new clean energy solutions, allowing ABB's global customers to seamlessly tap into clean power, capacity and portfolio management tools. Together, we have a real opportunity to help even more customers decarbonize." Together with recent investments such as Gridcog, ABB is expanding its capabilities across energy procurement, advisory and energy and carbon services to help commercial and industrial customers accelerate their energy transition and make more informed energy decisions. This investment through ABB Electrification Ventures, the venture capital arm of ABB's Electrification business area, is a key addition to ABB's venture capital investments, reflecting the company's commitment to building an ecosystem of innovative partners developing solutions that support productivity, efficiency and sustainability. With this latest partnership, ABB Electrification Ventures has invested more than $110 million in 18 startups since 2021. ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this 'Engineered to Outrun'. The company has over 140 years of history and around 110,000 employees worldwide. ABB's shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). www.abb.com
ABB has formed a strategic partnership and made a minority investment in LevelTen Energy, the world's largest clean energy marketplace. Financial details were not disclosed. Seattle-based LevelTen has facilitated over 20 GW of clean energy transactions across more than 35 markets in North America and Europe. The partnership strengthens ABB's energy and carbon advisory services by combining its electrification expertise with LevelTen's marketplace platform for power purchase agreements. The collaboration aims to help industrial and commercial customers secure long-term clean energy whilst managing costs and maintaining reliable operations. ABB will gain access to LevelTen's network of clean energy developers, whilst LevelTen benefits from ABB's global customer relationships. Through ABB Electrification Ventures, the company has invested over $110 million in 18 startups since 2021.
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Industries
Company Size
51-200
Company Stage
Series D
Total Funding
$138.3M
Headquarters
Seattle, WA
Founded
2016
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs