Xpansiv Marks Milestones in Energy Transition Infrastructure Platform

NEW YORK, LONDON, SYDNEY — December 10, 2025 — Xpansiv®, the leading infrastructure provider for the global energy transition markets, today announced strategic milestones in its development of a comprehensive, multi-asset platform for energy and environmental commodities.

These milestones demonstrate Xpansiv’s swift progress in establishing a unified platform that empowers stakeholders with:

• Full Commodity Coverage: Xpansiv infrastructure spans the environmental commodity market spectrum, across clean energy and power, carbon and emissions, clean fuels and transportation, water, and recycled materials.
• End-to-End Value Chain: The Xpansiv platform supports market access, structured transactions, certificate issuance, brokerage and trading, settlement, portfolio management, power operation, and data solutions.
• Breadth of Market Participants: Recent mandates from state governments, national exchange groups, energy consortia, independent power producers, and carbon programs underscore Xpansiv’s position as the foundational, neutral market infrastructure operator for the global energy transition.

“The manner in which governments and businesses address the global energy transition is the defining issue of this era,” said John Melby, Chief Executive Officer, Xpansiv. “We have built an end-to-end infrastructure platform with robust data, rigorous certification, and a range of tools, systems, and services to enable public and private sector stakeholders to meet this challenge with flexibility and confidence.”

To mark these milestones, Xpansiv is bringing several of its acquired companies under the Xpansiv brand to reflect their role within the company’s integrated platform. It has also launched a new website that communicates the full scope and value of this pioneering platform.

Xpansiv Registries

• Xpansiv’s Renewable Energy Certificate (REC) registry network issued 31% of all RECs globally in 2024.
• Assets registered with Xpansiv’s owned REC registries – the North American Renewables Registry (NAR), Tradable Instrument for Global Renewables (TIGR) Registry, and Evident I-REC(E) Registry – represent approximately 6% of total global renewable power capacity.

Xpansiv Power

• Xpansiv Power (formerly APX MarketSuite) serves over 15 GW of power resources and more than 20% of battery storage capacity in CAISO and ERCOT, the largest U.S. storage markets.
• It provides critical technology and services to wholesale electricity market participants across all seven U.S. independent system operators (ISOs).

Xpansiv Connect

• The Xpansiv Connect portfolio management system links market participants with 16 renewable energy, carbon, and recycled material registries.
• Users transfer approximately one billion assets on the system annually.
• It supports five Xpansiv and third-party trading platforms worldwide.

Trading Platforms

• Xpansiv’s CBL spot exchange is the world’s largest carbon credit and renewable and clean energy certificate cash marketplace.
• More than 330 million carbon credits and over 14 million RECs and Energy Attribution Certificates (EACs) have been transacted via the platform since 2020.
• CBL recently launched nuclear-based energy certificate trading with a leading independent power producer and is facilitating the convergence of voluntary and compliance carbon markets worldwide.

Market Execution

• Xpansiv is a leading provider of market access and structured transaction services, with Evolution Markets having facilitated transactions worth more than $800 billion in notional value since 2020 across an expanding range of markets, geographies, and services.

Xpansiv Managed Solutions

• Xpansiv Managed Solutions (formerly SRECTrade) runs the largest independent platform for producing solar renewable energy certificates (SRECs) in North America.
• It serves more than 125,000 residential and commercial customers and manages approximately 2 GW of distributed solar capacity.

“Today marks several milestones as we build a unified technology and services platform to empower our customers and partners and accelerate the global energy transition,” said Melby. “We are redoubling our commitment to the market by uniting our talented teams and industry-leading solutions under our new brand as one Xpansiv.”

To learn more about Xpansiv, visit the new company website at www.xpansiv.com.

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About Xpansiv

Xpansiv is the leading infrastructure provider for the energy transition markets.

The company’s comprehensive platform includes registries, online marketplaces, market execution services, wholesale power solutions, and market data for energy and environmental commodity markets. Trusted worldwide, Xpansiv helps market participants capture opportunities and drive environmental impact.

The company provides solutions that 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.

Company investors include Blackstone Group, Bank of America, Goldman Sachs, Aramco Ventures, Macquarie Group Ltd., S&P Global Ventures, Aware Super, BP Ventures, Commonwealth Bank, and the Australian Clean Energy Finance Corporation.

Media Contact: pr@xpansiv.com