Xpansiv Acquires PineSpire’s LCFS And REC Businesses To Expand Clean Energy Portfolio

Xpansiv, a leading provider of market infrastructure for the global energy transition, announced the acquisition of key assets from PineSpire, a company specializing in revenue management services for low-carbon fuel programs across California, Washington, Oregon, and Canada.

“Xpansiv and PineSpire share a common vision, and we are eager to leverage the capabilities of both organizations to deliver optimal customer outcomes,” said Janet Mihalyfi, President of Managed Solutions at Xpansiv. “PineSpire’s management team has a proven record of excellence and innovation, which will enable us to expand our leading presence in low carbon fuels and RECs.”

Thes acquisition is part of Xpansiv’s ongoing strategy to reduce market fragmentation and provide scalable benefits to its customers by consolidating key operators in the low-carbon fuel standard (LCFS) and renewable energy credits (REC) sectors.