Xpansiv operates global market infrastructure for the energy transition. The company provides an integrated, open technology platform that connects diverse participants and markets for environmental commodities. Its core business spans carbon and emissions, clean energy and power, clean fuels, water, and recycled materials.
The firm's platform includes the CBL spot exchange, described as the world's largest environmental commodities cash marketplace for carbon credits, Renewable Energy Certificates (RECs), and Energy Attribution Certificates. Since 2020, over 330 million carbon credits and more than 14 million RECs and Energy Attribution Certificates have been transacted on the platform. Xpansiv serves over 100,000 customers globally.
Beyond carbon markets, Xpansiv's infrastructure supports significant activity in clean energy. Its REC registry network has a capacity of 300 GW, and the company handled 31% of global REC issuance in 2024. The Xpansiv Power service manages over 15 GW of power resources, including more than 20% of battery storage capacity served in the CAISO and ERCOT markets in the United States.
