Xpansiv is a marketplace for environmental, social and governance (ESG) commodities such as carbon offsets, renewable energy certificates and differentiated fuels.
Corporate and M&A partner Jason van Grieken, together with Mahsa Taiebi, lawyer, and Kaitlin Bakken, law graduate, advised the CEFC on the investment. The additional capital will facilitate the expansion of the Xpansiv platform to develop, register, transact and price ESG commodities through organic growth initiatives and strategic acquisitions.
CEFC Chief Executive Officer Ian Learmonth commented in Xpansiv’s media release: “The marketplace for ESG products is evolving at a rapid rate and Xpansiv is the clear leader in this area. Providing institutional investment portfolios and corporates with greater access to ESG products through Xpansiv will accelerate the drive toward essential sustainability and carbon-abatement goals.”
Jason van Grieken commented on the transaction: “We are delighted to have advised the CEFC on its cornerstone investment in Xpansiv and look forward to watching its next growth phase in this important marketplace.”
More information can be found in Xpansiv’s media release here.
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Arnold Bloch Leibler is a premium Australian commercial law firm renowned for advising clients on their most important transactions, commercial issues and disputes. From offices in Melbourne and Sydney, the firm provides advice to a diverse range of entrepreneurial Australian listed companies, private businesses, high-net-worth individuals and international corporations. The firm also has a dedicated public interest practice providing advice to charities and not-for-profit organisations relating to significant legal, social, environmental and cultural issues.