T-REX, a software solutions provider for financing of renewable assets, and Macquarie Capital, the advisory, capital markets, and principal investment arm of Macquarie Group, have announced an expanded relationship in which T-REX will onboard assets to its proprietary Performance Data Service (PDS). T-REX PDS is intended provide Macquarie and its clients transparency into the performance of each individual asset throughout their multi-decade lifetimes.
“Macquarie is committed to facilitating investment in renewables, and T-REX improves our ability to quantify renewables’ financial and environmental impacts with valuable real-time business intelligence,” said Larry Handen, Head of Principal Investing & Private Capital Americas, Europe and Asia, Macquarie Capital. “As our global green energy business continues to scale, this enhanced data management process will drive deployment across all sectors, enabling us to consistently track the assets’ performance on an ongoing basis.”
According to Macquarie, T-REX was selected for MCVS for its proven ability to bring efficiency and sustainability to the complex energy and infrastructure markets. As part of this engagement, Macquarie and R/GA Ventures will extend strategic guidance, financial capital and access to their vast industry network of specialists to widen market adoption of T-REX’s big data capabilities.
This news follows T-REX’s inclusion in Macquarie Capital Venture Studio (MCVS), a platform for innovative infratech companies.
“Using T-REX’s data service and SaaS platform, market practitioners get the transparency needed to confidently tap into the yield potential of these high growth asset classes,” explained T-REX CEO Benjamin Cohen. “We are thrilled that Macquarie, a global leader in renewables and real asset financings, selected T-REX PDS to automate data management and are honored to be a part of the Macquarie Capital Venture Studio to empower efficient finance in these complex markets.”
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