Marex is making a strategic move in the U.S. renewable energy sector by launching a new Environmental Advisory division. This initiative is designed to enhance corporate client support in procuring long-term renewable energy, expanding beyond their current offerings of Renewable Energy Credits (RECs) and short-term Power Purchase Agreements (PPAs).
Broadening Scope in Renewable Energy Advisory
The global financial services company, Marex, has initiated a new Environmental Advisory service aimed at the U.S. market, appointing Jennifer Argote as its head. This development seeks to bolster Marex’s foothold in renewable energy by providing expert advice on long-term PPAs, essential for businesses striving to meet carbon reduction goals amidst increasing environmental, social, and governance (ESG) pressures.
This service will build on Marex’s existing capabilities in renewable power, including RECs and short-term PPAs across North America. By focusing on long-term energy procurement strategies, Marex aims to assist organizations in managing the various financial, operational, and reputational challenges linked to renewable energy acquisition.
“Organizations are under growing pressure to secure credible renewable power commitments,” a Marex spokesperson noted. “This service will connect buyers directly with developers to structure agreements that deliver both climate impact and financial resilience.”
Leadership Steered by Industry Expert
Jennifer Argote, appointed to lead Marex’s U.S. initiative, brings substantial experience in large-scale wind and solar energy projects. Her previous roles include Senior Manager for Power Marketing and Origination at Ørsted, where she negotiated PPAs with major corporations and utilities. At EDP Renewables, she managed utility-scale contracts and REC sales across various U.S. markets.
Argote’s educational background in environmental science and market strategy, with credentials from Louisiana State University and Dartmouth College, equips her to adeptly handle the technical and financial aspects of renewable energy procurement.
“Marex has a strong trading foundation and a deep client network,” Argote stated. “The Environmental Advisory service builds on that strength, providing tailored strategies that bridge market access and sustainability performance.”
Financial and Environmental Synergy
There is a noticeable shift from transactional REC purchases to enduring PPA commitments among corporations to directly support renewable infrastructure. BloombergNEF reported that global corporate PPA volumes exceeded 46 GW in 2024, with the U.S. contributing more than half. This trend is fueled by clearer regulations, investor demands, and decreasing costs of wind and solar energy.
Marex’s venture into this arena aims to serve developers in search of reliable partners and corporations pursuing comprehensive renewable strategies. The company offers a unique approach by combining liquidity, trading, and advisory services in a market faced with increasing complexities in data transparency, credit risk, and contract structuring.
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“Clients are no longer just buying certificates,” a senior Marex executive remarked. “They’re building long-term sustainability portfolios. Our advisory model is designed to help them manage that evolution effectively.”
Impact on ESG and Energy Markets
The introduction of this service occurs amid growing scrutiny of North American companies by regulatory frameworks like the SEC’s climate risk rules and the EU’s Corporate Sustainability Reporting Directive (CSRD). Long-term PPAs and transparent renewable sourcing have become key metrics for ESG reporting and carbon accounting.
Marex’s integrated advisory and trading offerings aim to assist clients in their decarbonization efforts while ensuring price stability in fluctuating energy markets. For developers, Marex promises more streamlined access to corporate demand, a crucial element for accelerating renewable energy deployment in the U.S.
Strategic Expansion in the Energy Sector
The Environmental Advisory endeavor highlights the increasing interest of investors in infrastructure-backed sustainability initiatives. Marex’s strategy underscores the evolving role of financial intermediaries from mere brokerage to active partners in driving the energy transition.
As businesses explore credible paths to net-zero emissions, long-term PPAs are becoming indispensable as both compliance tools and financial hedges. With Argote’s leadership and Marex’s extensive reach, the company is positioning itself at the intersection of market liquidity, evolving policies, and climate-aligned finance, a nexus crucial for the future growth of U.S. renewable energy.
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Original Story at esgnews.com