Verse

2024 was a painful year for most corporate PPA off-takers: Unusually low power prices resulted in much higher PPA costs relative to previous years. Today we're here to share some good news: As Verse co-founder and CCO Matt Penfold explains in this video, 2025 is looking a lot better. Every PPA and every asset location is unique, which means outcomes will vary. Between recording this video and you watching it, new historical data has become available and power markets have moved.?Verse's Aria software platform manages all of this complexity for you. Register for our March 27th Trellis Group webinar with the link below if you'd like to learn more about Verse's tools for managing your corporate energy portfolio. https://lnkd.in/gz6fB7bc #renewableenergy #energy #sustainability #vPPA #PPA

We had a great time yesterday hosting an executive breakfast for senior sustainability and energy leaders in New York! The conversation covered a range of topics related to clean energy procurement and policy, including market updates from BloombergNEF, aggregated vPPAs, the use of non-traditional financing mechanisms to pay for renewable energy investments, and the importance of understanding and explaining energy market evolution to leadership to maintain credibility, among many others. Big thanks to our attendees, to Kyle Harrison from BloombergNEF for joining us as a guest speaker, and to Shehzad Wadalawala for moderating a lively discussion! #sustainability #energy #decarbonization #renewableenergy

?? Looking for new software and technology solutions to achieve your corporate sustainability objectives? Join us in Orlando for #TECH25, the EHS & ESG data and reporting conference presented by NAEM April 1-3! Visit us at booth 300 to learn more about Aria, our end-to-end enterprise energy management platform, and how our solutions support corporate energy and sustainability professionals at every stage of their scope 2 decarbonization journeys. ?? Verse executives Shehzad Wadalawala & Samuel Cotterall are leading one of the event's two workshops on the morning of Thursday, April 3 -- "From Chaos to Clarity: Understanding & Reducing Your Energy Use & Costs." Attendees will leave with insights into market and policy trends and actionable information on how to plan, procure, and manage Scope 2 decarbonization.??? View the full agenda & register here: https://lnkd.in/g85WRYkd #TECH25 #sustainability #decarbonization?

?? 2024 was a volatile year for corporate energy buyers with vPPAs, many of whom found themselves stuck with large, unexpected payments. Companies are asking: What drove these outcomes - and how can we plan for 2025 and beyond? If you’ve ever had to answer tough questions about your PPA performance – like why outcomes didn’t match forecasts or what to expect for the rest of the year – this webinar is for you. ?? Managing vPPA Volatility: Why 2024 Was So Bad, and What to Expect in 2025 ??? March 27, 9:00 - 10:00 AM PT ??? Featuring Matt Penfold & Shehzad Wadalawala from Verse, and moderated by Sarah Golden from Trellis Group What you’ll learn: ?? The key factors that impact a PPA’s performance, why 2024 was so bad, and what to expect in 2025 ?? How to set and manage internal expectations for PPA performance ?? How to navigate PPA budgeting, forecasting, and invoice validation Don’t get caught off guard again. Join us to gain the insights you need to successfully navigate the operational phase of your PPAs. ?? Register here: https://lnkd.in/g5bxH44n #RenewableEnergy #VPPA #PPA #EnergyMarkets #Sustainability

We're hiring for a Product Manager! Check out the description below or on our website.

We are thrilled to announce that Samuel Cotterall has joined Verse as our new Director of Client Enablement! In this role, Sam will be a critical cross-functional leader, blending deep product expertise with market knowledge to bridge our product, sales, and customer success functions. Outside of work, Sam enjoys spending time in the mountains with his partner and their two dogs going camping, biking, and skiing. Welcome to the Verse team, Sam!

“It’s tough to make predictions, especially about the future.” Yogi Berra's wisdom rings especially true for corporate energy buyers with virtual power purchase agreements (vPPAs). If you’re in that boat, your last invoice for 2024 might have been a shock! So how did we get here—and what can you do about it? Verse co-founder & CCO Matt Penfold and VP of Strategy Shehzad Wadalawala break it all down in our latest blog. You’ll learn: ? Why vPPAs are fundamentally a bet on the price of power ? Why staying on top of new market data is so crucial ? How emulating the “march of the penguins” can help keep your forecasts fresh Be sure to play around with the interactive chart showcasing around-the-clock (ATC) electricity prices across the U.S. over the past five years (ERCOT in February 2021 shows winter storm Yuri's effect on market prices -- it was a doozy!). Ready to take control of your clean energy portfolio? Check out the full blog here and explore the data for yourself. https://bit.ly/4bdZfNf #RenewableEnergy #VPPA #PPA #Energy #Sustainability

Please join us in welcoming another new sales team member, Peter Serian, P.E.! Peter joins Verse's go-to-market team as a Director of Energy Management Solutions based out of New Hampshire. He will help us in our next stage of growth by working directly with energy-motivated corporates to help them plan, procure, and manage their clean power portfolio. Outside of work, Peter is an outdoor enthusiast, likes basketball, and enjoys spending time with his family. We're so excited to have you on board, Peter!

We're very excited to announce a new member of Verse's sales team -- Ana B.! Ana joins us as a Director of Energy Management Solutions based out of San Francisco. She'll work to support customers at every stage of their decarbonization journey, helping articulate Verse's value proposition and accelerating our growth. Outside of work, Ana can be found in various San Francisco parks or beaches with her husband and two energetic kids (2 and 5). She enjoys traveling with her family, and loves yoga, running, contemporary dance, snowboarding, scuba diving, and surfing. Please join us in welcoming Ana to the team!

The European Banking Authority recently released its final guidelines on the management of ESG risks. The guidelines "set out requirements for institutions for the identification, measurement, management and monitoring of ESG risks, including through plans aimed at addressing the risks arising from the transition towards an EU climate-neutral economy." This is just the latest example of evolving rules and guidance from regions, states, countries, and institutions that will impact how companies manage and report on sustainability -- including clean energy and carbon-related -- risks. https://lnkd.in/dmqiVkAc #ESG #sustainability #risk #cleanenergy