TP ICAP to acquire Aotearoa Energy.

TP ICAP, a provider of brokering services to counterparties operating in major wholesale OTC and exchange traded financial and commodity markets, agreed to acquire Aotearoa Energy, a New Zealand-based gas, power, and carbon brokerage firm. Financial terms were not disclosed. “TP ICAP’s acquisition marks the next exciting chapter in Aotearoa Energy’s journey of growth and innovation and aligns with our commitment to delivering exceptional brokering services to our customers. I am thrilled to complement our NZ energy market services with the additional resources, capabilities, and scale that TP ICAP can offer,” Daniel Skipper, Aotearoa Energy Founder.