In a major move that reshapes the renewable energy market intelligence landscape, Pexapark has acquired RenewaFi, a platform for renewable energy and battery storage in ERCOT, Texas.
This strategic acquisition, announced on February 24, 2025, marks Pexapark’s entry into the US market and accelerates its mission to bring transparency to the rapidly evolving global renewable energy sector.
The renewable energy industry has been facing increasingly complex contract structures due to changing market dynamics, including the continued growth of solar and wind energy, higher expected load growth, and regulatory uncertainty.
This acquisition positions Pexapark to address the critical need for trusted benchmarks and actionable market intelligence in both European and US markets.
By combining RenewaFi’s strength in ERCOT with Pexapark’s scale and experience, the merged entity aims to provide enhanced pricing data and deeper insights across more markets.
This will enable unmatched price transparency for Power Purchase Agreements (PPAs) and Battery Tolls on both sides of the Atlantic.
Pexapark plans to expand rapidly across US power grids, with a launch in PJM scheduled in the coming months.
Luca Pedretti, Co-Founder and COO of Pexapark, expressed enthusiasm about the acquisition, stating: “This is a game-changer for our mission to create the world’s leading renewable energy intelligence platform.
“RenewaFi brings a highly complementary business, a strong US network of nearly 200 energy companies, vast amounts of high-quality price data, and a trusted marketplace for PPAs and BESS Tolls.”
RenewaFi, founded by former power originator Noam Yaffe, has quickly established itself as a leader in ERCOT PPA and BESS Toll market intelligence.
The company’s price-tracking solution, introduced in April 2024, has seen rapid growth and widespread adoption among major industry players.
Noam Yaffe, Founder and CEO of RenewaFi, commented on the acquisition: “Joining Pexapark — the dominant provider of renewables intelligence in Europe — will enhance our customers’ experience and accelerate our expansion across US power markets.”
Michael Waldner, Co-Founder and CEO of Pexapark, highlighted the strategic fit of RenewaFi, stating: “This acquisition is about delivering impact for our customers, giving them access to the best pricing intelligence, market insights, and transaction opportunities in renewables.”
As the renewable energy sector continues to evolve, this acquisition positions the combined entity to play a crucial role in providing comprehensive data and analytics to support the industry’s growth and transition to cleaner energy sources.
