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Xpansiv to Spin Out Energy Transition Capital Finance and Data Platform

Daniel Williams

Jun 12, 2022

Xpansiv, the premier infrastructure provider for environmental markets announced today that it will spin out its finance data subsidiary to address a broad array of systemic challenges facing energy transition participants.

NEW YORK, SYDNEY, LONDON — Xpansiv, the premier infrastructure provider for environmental markets announced today that it will spin out its finance data subsidiary to address a broad array of systemic challenges facing energy transition participants. The move will better enable banks, other capital markets participants and data providers to integrate environmental market and reporting data to ensure integrity across the capital lifecycle.


Fiùtur, the newly created company, will be governed and capitalized separately from Xpansiv. It is designed to operate with increasing independence over time. Fiùtur’s Board of Directors will initially include Jamila Piracci, Tom Lewis and Roseann Palmieri and its executives will include Xpansiv alumni Will Stewart, Executive Chair, Joe Madden, CEO, and Sam Teplitsky, COO.

“Environmental markets are a critical tool in accelerating the global energy transition and Xpansiv is focused on providing and operating the core registry and market infrastructure for these global markets to evolve,” said John Melby, CEO at Xpansiv. “Our stakeholders also face challenges related specifically to energy transition finance, which extend beyond Xpansiv’s core mission. We’ve developed a powerful financial data platform and other tools to specifically address those challenges, which is why we created Fiùtur.”

The announcement follows Xpansiv’s initiative to license its global environmental numeric reference system, which has been used to track millions of environmental assets, in conjunction with its digital measurement, reporting and verification (dMRV) technology. In April, this solution was licensed by T-REX, a leading fixed income investment infrastructure provider, to bridge environmental market and sustainable finance data. Fiùtur further leverages Xpansiv’s numeric reference system by incorporating roles-based data governance and ownership across multiple parties to deliver provable outcomes in finance, markets, and insurance.

“By every estimate, many trillions of dollars must be deployed in the energy transition over the coming decades. Participants in the energy transition are requesting standardized, scalable approaches to emerging risks and opportunities,” said Joe Madden, CEO at Fiùtur. “Fiùtur is purpose built to help them do that.”

About Xpansiv

Xpansiv operates the market infrastructure to rapidly scale the world’s energy transition.

The company runs the largest spot exchange for environmental commodities, including carbon credits, renewable energy certificates, and digital fuels. It is the premier provider of registry infrastructure for energy, power, and environmental markets. It operates the largest independent platform for managing solar renewable energy credits in North America, the leading multi-registry, multi-asset environmental portfolio management system and market data service.


Xpansiv is also a leading provider of transaction and advisory services in energy transition markets through its Carbon Financial Services and Evolution Markets units.

Xpansiv’s rules-based markets and infrastructure 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.

For more information, please visit Xpansiv.com.


About Fiùtur

To find out more about Fiùtur, please visit www.fiuturx.com


Contact

Peter Burton, Xpansiv, pr@xpansiv.com

Charlie Morrow, Taylor Fenske, Cognito Media, xpansiv@cognitomedia.com

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