New Jersey, 16 March 2010
A Comprehensive Portfolio View for Asset Management and Monitoring: APX Environmental Markets, the leading infrastructure provider for environmental markets, is pleased to announce the launch of APX Portfolio Access™, a web-based solution that provides a single sign-on and aggregated view of an environmental asset portfolio across renewable energy certificate (REC) and voluntary carbon offset registries.Initially, Portfolio Access provides access to all REC registries: ERCOT, NEPOOL, PJM-GATS, M-RETS, WREGIS, MIRECS and NARR, and three major voluntary carbon offset registries: Climate Action Reserve, Gold Standard and Voluntary Carbon Standard. Portfolio Access also provides complete transfer, retirement and valuation services for all RECs, CRTs, GS VERs and VCUs found in one's portfolio, as well as tax and compliance reporting.
In the second half of 2010, APX Portfolio Access will include compliance carbon registries: RGGI, CDM and JI. It will also provide management of forward contracts and cash settlement and transfer.
"Each Renewable Portfolio Standard (RPS) recognizing RECs in the United States has its own discrete processes and rules requiring a great deal of time and effort to manage. APX Portfolio Access has developed a first-of-its-kind solution that will finally allow REC portfolio management and valuation to be all in one place," said Raj Sahrawat, Product Manager of the Environmental Management Account at APX Environmental Markets, Inc. "Additionally we allow all leading voluntary carbon registries to be managed from the same place."
• APX Portfolio Access is one service of APX Environmental Management Account™, APX's flagship offering that provides a comprehensive solution for environmental asset and risk management. Also found within the APX Environmental Management Account is:
• APX Project Track™ -- a secure data-room for project developers to selectively share key project information and documentation with prospective buyers/investors,
• APX Contracts™ -- a central service to register, track and manage spot and forward contracts,
• APX Transact™ -- a platform to manage OTC transactions and a solution for post-trade transfer settlement within the offset and REC registries mentioned above.
Ends --





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