Global Brain has invested in REDEX Group Pte. Ltd., Asia’s leading Renewable Energy Certificates (RECs) solutions provider

Global Brain has invested in REDEX Group Pte. Ltd. (REDEX), Asia’s leading Renewable Energy Certificates (RECs) solutions provider, through its GB-VIII Growth Fund Investment Limited Partnership (GB-VIII).

REDEX operates Asia’s leading trading platform for RECs. As a concept, RECs are very simple – the instrument traces one’s power consumption to renewable energy sources. Its simplicity is precisely why the instrument is a very easy and practical way for companies to achieve Scope 2 neutrality. The company offers a one-stop ecosystem for RECs, supporting clients through the full RECs lifecycle – asset registration, production verification, sale or transfer, and retirement. The new funding will allow REDEX to expand beyond Asia and to further innovate in streamlining and digitizing the issuance and trading of RECs.

Global Brain is highly impressed by REDEX’s distinctive and unique solution offering. Global Brain is thrilled to support REDEX in further accelerating its future growth.