Announced
Completed
Synopsis
PowerGEM, a power grid and energy market simulation software and services provider, completed the acquisition of Marquette Energy Analytics, an energy demand forecasting company. Financial terms were not disclosed. “Marquette Energy Analytics has established itself as an industry leader in natural gas demand forecasting, known for its accuracy, excellent customer support, and expert insights. Reliability and rising costs continue to be top challenges faced by both gas and electric utilities. Adding MEA and its MCast forecasting software to the PowerGEM platform enhances our capabilities to address these challenges and continue to innovate to meet our customers’ needs,” Joe DeMatteo, PowerGEM CEO.
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