Announced
Financials
Tags
energy data
Acquisition
Pending
Canada
Private
Information / Data Services
Friendly
Single Bidder
Private Equity
Synopsis
S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, acquired Canadian Enerdata, an independent provider of energy data and information in Canada. Financial terms were not disclosed. Martin Fraenkel, president of S&P Global Platts, said: "Canadian Enerdata is a service of record for Canada's natural gas pricing and will extend S&P Global Platts' market insight in Canada, building on our strong benchmark position in the US market. Not only does Enerdata complement our existing pricing and analytics offerings, but as the exclusive publisher of Canadian benchmark ICE NGX indices, it increases the transparency and risk management tools available to our customers."
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