What is SRECTrade?
SRECTrade operates as a leader in clean energy management and environmental incentives. The company provides comprehensive services to corporate clients, residential asset owners, and installers of clean energy projects. Its core offerings include managing and transacting a diverse portfolio of environmental commodities across the United States, supported by a cloud-based technology platform designed for tracking clean energy assets. SRECTrade also plays a crucial role as a research entity, offering insights into clean energy incentive markets to help participants optimize financial benefits. With a proven track record of managing over 1847 MW of clean energy assets, the company is committed to enhancing pricing and creating opportunities for its clientele within the evolving clean energy landscape.
How much funding has SRECTrade raised?
SRECTrade has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in SRECTrade
PPP
Public-Private Partnership
What's next for SRECTrade?
The substantial late-stage funding and strategic investment position SRECTrade for accelerated expansion and market consolidation. This capital infusion is likely to fuel advancements in its technology platform, enhance its service offerings, and broaden its reach within the environmental commodities market. SRECTrade is expected to leverage this financial strength to deepen its relationships with existing clients and attract new ones, further solidifying its role as a key facilitator in the transition to cleaner energy. The company's focus on research and education will likely intensify, providing critical market intelligence as environmental regulations and incentives evolve.
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