TPG Rise Climate to acquire a majority stake in Aurora Energy Research.

TPG Rise Climate, the climate investing platform of global alternative asset management firm TPG, agreed to acquire a majority stake in Aurora Energy Research, a global provider of power market forecasting and analytics for critical investment and financing decisions. Financial terms were not disclosed. “This transaction represents an exciting next chapter for Aurora. Combining the exceptional momentum we’ve created from CGE and 22C’s support with the climate investing leadership of TPG Rise Climate, we are poised to continue to deliver market leading support for our clients. CGE and 22C have been transformative partners for Aurora, supporting our evolution from a UK-focused firm into a global software and data analytics platform at the heart of the energy transition. We look forward to working together with TPG Rise Climate to continue innovating for our clients and deepening our impact in energy markets worldwide,” John Feddersen, Aurora Founder and CEO.