Energy sector data firm Verisk Analytics is buying electricity and renewables sector information provider Greentech Media and will merge it with recently acquired research and consulting company Wood Mackenzie. Terms of the deal have not been disclosed.
Massachusetts, US-based Greentech Media delivers B2B news, market analysis and conferences across the global clean energy market, with a focus on solar power and the electric utility market. Its coverage is provided by a team of analysts from its intelligence arm GTM Research, as well as its journalists and global network of contributors.
As part of the deal, Greentech Media will become part of Wood Mackenzie, which provides insights, data and analysis for the energy, chemicals, metals and mining industries, including analysis and advice on assets, companies and markets. This will enable Wood Mackenzie to provide clients with market intelligence across sectors such as solar generation, energy storage and smart grids.
Greentech Media CEO Scott Clavenna (pictured) comments: 'We're thrilled to be joining Wood Mackenzie and the Verisk Analytics family of businesses. With solar, storage, and smart grid having such an impact on energy markets today, we're confident that, together with Wood Mackenzie, our complementary capabilities will enable a more competitive and complete service for our clients'.
Web sites: www.verisk.com , www.greentechmedia.com and www.woodmac.com .
All articles 2006-21 written and edited by Mel Crowther and/or Nick Thomas unless otherwise stated.