APX-ENDEX
Date | Investors | Amount | Round |
---|---|---|---|
$14.0m | Growth Equity non VC | ||
N/A | Acquisition | ||
$600k | Grant | ||
Total Funding | $600k |
Recent News about APX-ENDEX
EditAPX Group operates as a leading European power exchange, providing a platform for trading electricity in Day Ahead and Intraday markets. The company serves a diverse range of clients including energy producers, consumers, and traders, primarily in the European market. APX Group's business model revolves around facilitating efficient and transparent trading, which helps optimize production and consumption of electricity. The company generates revenue through transaction fees and service charges associated with its trading platforms. By offering additional flexibility and reducing imbalance costs, APX Group enhances the overall efficiency of the energy market. Key services include Day Ahead trading, which covers twelve countries, and Intraday trading, known for its liquidity. The company also focuses on Local Flex trading, valuing local assets through a neutral and transparent market platform.
Keywords: power exchange, electricity trading, Day Ahead market, Intraday market, energy producers, energy consumers, transaction fees, service charges, market efficiency, local flexibility.