TPG Rise Climate, the climate investing platform of global alternative asset management firm TPG, has acquired Aurora Energy Research, a global provider of power market forecasting and analytics for critical investment and financing decisions.
As part of the transaction, existing private equity sponsors of Aurora Energy Research – CGE Partners, 22C Capital, and the company’s CEO John Feddersen will all make significant reinvestments in the business, Aurora said.
Leveraging TPG’s extensive resources and expertise, Aurora will be well-positioned to enter its next phase of growth and innovation, while continuing to deliver meaningful impact, directly advancing the mission and investment objectives of both the Company and the Rise Climate Fund, according to the company’s press release.
Feddersen: A major milestone along Aurora’s journey
This transaction represents a landmark deal in the data and analytics sector, and specifically the energy and commodities vertical. It is expected to close in the second half of 2025, subject to customary regulatory approvals and closing conditions, the update reveals.
“This investment represents a major milestone along Aurora’s journey. TPG Rise Climate’s portfolio is driving the energy transition forward globally and we’re delighted to have the opportunity to contribute to this exceptional track record,” said John Feddersen, Aurora Energy Research Founder and CEO.
Beckley: Aurora’s service offering has already proved invaluable
According to Edward Beckley, Partner at TPG, with increasing power demand across the globe, Aurora’s service offering has already proved invaluable. “We expect it to have strong growth prospects in the US, Asia and beyond,” he added.
Chloe Holding Curtis, Partner at CGE, said she is proud to have supported Feddersen and his team at Aurora in its growth journey. CGE is delighted to remain investors alongside management, TPG Rise and 22C in this next phase of growth, Curtis asserted.
Founded in 2013 and headquartered in Oxford in the United Kingdom, Aurora Energy Research operates out of 17 offices worldwide covering Europe, North America, South America, Asia, and Australia. Its comprehensive services include market outlook packages for energy industry participants, advisory support, and innovative software solutions.
TPG was founded in San Francisco in 1992. It has USD 251 billion of assets under management, and investment and operational teams around the world.