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Marex Appoints Jennifer Argote to Lead Renewable Energy Expansion

Marex Appoints Jennifer Argote to Lead Renewable Energy Expansion

Marex Appoints Jennifer Argote to Lead Renewable Energy Expansion


• Marex establishes a new Environmental Advisory division in the U.S. to guide corporate clients through long-term renewable energy procurement.
• The initiative expands Marex’s renewable power offering beyond Renewable Energy Credits (RECs) and short-term PPAs to include structured, long-term Power Purchase Agreements.
• Former Ørsted and EDP Renewables executive Jennifer Argote will head the service, deepening developer relationships and accelerating U.S. clean energy integration.

Expanding Renewable Energy Advisory Across North America

Marex, the global financial services platform, has launched a new Environmental Advisory service in the United States and appointed Jennifer Argote as its U.S. Head. The move strengthens the company’s position in renewable energy markets by offering specialized advisory on long-term Power Purchase Agreements (PPAs) — a critical mechanism for companies pursuing carbon reduction targets under tightening ESG mandates.

The new service builds on Marex’s existing renewable power offerings, which include Renewable Energy Credits (RECs) and short-term PPAs across multiple North American markets. By adding strategic support for long-term procurement, Marex aims to help corporations and institutions navigate complex financial, operational, and reputational risks associated with renewable energy sourcing.

Organizations are under growing pressure to secure credible renewable power commitments,” a Marex spokesperson said. “This service will connect buyers directly with developers to structure agreements that deliver both climate impact and financial resilience.”

A Market Veteran to Lead the U.S. Push

Argote brings over a decade of experience in large-scale wind and solar origination. Prior to joining Marex, she served as Senior Manager for Power Marketing and Origination at Ørsted, where she negotiated PPAs with Fortune 500 companies and utility buyers. Earlier, at EDP Renewables, she managed utility-scale wind and solar contracts, proposal responses, and Renewable Energy Credit (REC) sales across U.S. markets.

Her academic background combines environmental science and market strategy — with a Ph.D. from Louisiana State University and a bachelor’s degree from Dartmouth College — positioning her to navigate both the technical and financial dimensions of renewable procurement.

Marex has a strong trading foundation and a deep client network,” Argote said. “The Environmental Advisory service builds on that strength, providing tailored strategies that bridge market access and sustainability performance.”

Aligning Finance and Climate Objectives

The expansion reflects a broader market shift: corporations are moving from transactional REC purchases to long-term PPA commitments that directly support renewable infrastructure buildout. According to BloombergNEF, global corporate PPA volumes surpassed 46 GW in 2024, with the U.S. accounting for more than half. The surge is driven by regulatory clarity, investor expectations, and the falling cost of wind and solar generation.

Marex’s entry into this space positions it to serve both developers seeking stable offtake partners and corporate buyers pursuing 24/7 renewable strategies. Its dual role — providing liquidity, trading, and advisory — offers a differentiated approach in a market where data transparency, credit risk, and contract structuring are increasingly complex.

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Clients are no longer just buying certificates,” said a senior Marex executive. “They’re building long-term sustainability portfolios. Our advisory model is designed to help them manage that evolution effectively.”

Implications for Corporate ESG and Energy Markets

The move comes as North American companies face mounting scrutiny under evolving disclosure frameworks such as 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 in ESG reporting and carbon accounting.

By offering integrated advisory alongside trading capabilities, Marex aims to support clients’ decarbonization strategies while ensuring price stability in volatile energy markets. For developers, it promises more efficient access to corporate demand — a critical factor in accelerating renewable deployment across the U.S. grid.

A Strategic Step in an Evolving Energy Landscape

Marex’s Environmental Advisory launch aligns with growing investor interest in infrastructure-backed sustainability strategies. The initiative underscores how financial intermediaries are moving beyond brokerage to become active partners in energy transition execution.

As companies seek credible pathways to net zero, long-term PPAs are emerging as both a compliance instrument and a financial hedge. With Argote’s appointment and Marex’s global reach, the firm is positioning itself at the intersection of market liquidity, policy evolution, and climate-aligned finance — a nexus that will define the next decade of U.S. renewable energy growth.

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