Morrison Foerster advised Xpansiv Limited, an Australian-based premier infrastructure provider for environmental markets, in connection with an additional $125 million capital raise. The raise is designed to fuel continued growth in Xpansiv's service offerings and technology platforms. It follows a recent $400 million capital raise led by Blackstone Energy Partners, which closed in August 2022.
Xpansiv offers a market-infrastructure platform to rapidly scale the world's energy transition. The company also provides end-of-day and historical market data, and operates the leading multi-registry portfolio management system for environmental commodities.
The MoFo team that advised Xpansiv was led by San Francisco corporate partner Suz Mac Cormac, San Diego corporate partner Shai Kalansky, and San Francisco private equity/finance partner Eric Min, together with Washington, D.C. associate Thomas Good, San Francisco associates Rohit Sengupta, Jack Bai, Benjamin T.R. Fox, Michael Santos, Olga Terets, Rafael Grillo, and Maggie Adams, London associate Amber Pledge, San Diego associates Carey Hughes and Brooke Maker, and New York associates Blaire Rose and Stefan Rajiyah.