Morningstar completed the acquisition of Aquantix.

Morningstar, an American financial services firm headquartered in Chicago, completed the acquisition of Aquantix, a Montreal-based technology company that develops and delivers property-level climate risk data services for the real estate and mortgage lending industries. Financial terms were not disclosed. "Real estate is an asset class directly impacted by increasing physical climate risks. With the addition of the Aquantix team and their technology, we are fast-tracking our asset-level data collection and developing innovative climate-focused solutions for the commercial and residential real estate market. We are excited to bring the Aquantix team into the Morningstar Sustainalytics family and look forward to collaborating with Teranet," Azadeh Sabour, Morningstar Sustainalytics Senior Vice President of Climate Solutions.