Commonwealth Bank of Australia took part in a round which lifted the ESG-focused marketplace's overall funding to $175m.
Xpansiv, the US-headquartered environmental social governance (ESG) commodities marketplace, has raised $100m in growth capital from investors including financial services firm Commonwealth Bank of Australia.
Australia’s Clean Energy Finance Corporation, Hartree Partners, Wilson Asset Management and unnamed other investors also took part in the round, sized at double the original target of $50m.
Xpansiv provides a platform to buy and sell ESG-linked commodities such as renewable energy certificates, differentiated fuel and carbon offsets. So far this year, some 70 million…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
