Bloomberg Acquires New Energy Finance
The New Energy Finance serves banking, private equity and venture capital investors, asset managers, manufacturers, oil and gas companies, utilities, NGOs, development banks and governments.
New Energy Finance’s services include insight, industry intelligence, news & briefing and advisory. They are used around the world by leading decision-makers to support their investment and operating strategies.
Peter Grauer, chairman of Bloomberg, said: “This acquisition is the next step in Bloomberg’s initiative to develop and promote the carbon and clean energy markets. Carbon and clean energy issues touch every segment of the global economy, and are of increasing importance to our customers. Bloomberg's vision is to be the leader in information, analytics and trading architectures to support low-carbon energy solutions.
Michael Liebreich, chairman and CEO of New Energy Finance, said: “The thesis behind New Energy Finance is that we are seeing a fundamental re-engineering of the world’s energy industry around low-carbon architectures, which will take decades, cost trillions of dollars and require the creation of new market instruments. It will also, of course, require investment-grade information and analysis.
“Tying up with Bloomberg will enable us to maintain the market leadership position we have established, developing new services of great sophistication for our clients as the clean energy and carbon markets grow rapidly and become an important part of mainstream investing. I am particularly pleased to be announcing the deal just as the international negotiations in Copenhagen get under way.”
Will Bloomberg benefit with the acquisition?
Have your say and discuss with your peers on the InfoGrok community.
Participate by posting your comments now.