Xpansiv Acquires APX to Expand Environmental Commodity Infrastructure
August 1, 2022
Xpansiv has completed the acquisition of APX, a provider of registry infrastructure for energy and environmental markets, integrating APX’s registry capabilities into Xpansiv’s market infrastructure for carbon, RECs, water and other environmental commodities. The deal was enabled in part by a $400 million strategic investment in Xpansiv led by Blackstone Energy Partners; advisers on the transaction included Perella Weinberg Partners for Xpansiv and Goldman Sachs for APX.
- Buyers
- Xpansiv
- Targets
- APX
- Industry
- Energy
- Location
- California, United States
- Transaction Type
- Buyout
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