TPG Rise Climate secures majority ownership in Aurora Energy Research, boosting its global energy intelligence capabilities.
CGE Partners and 22C Capital reinvest, signaling continued confidence in Aurora’s leadership and growth strategy.
Aurora set to expand its footprint in the U.S. and Asia amid rising global power demand and energy transition pressures.
TPG Rise Climate, the climate investing arm of global asset manager TPG, has acquired a majority stake in Aurora Energy Research, a leading global energy intelligence platform. The transaction marks a significant shift for Aurora as it gears up for accelerated global growth, particularly in high-demand regions like the U.S. and Asia.
Founded in 2013, Aurora provides mission-critical intelligence to over 1,000 institutions across 40+ markets. Its proprietary data and software platform is now embedded in the strategic planning of governments, investors, and market participants navigating the energy transition.
Aurora’s CEO, John Feddersen, welcomed the move as a pivotal milestone:
“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.”
CGE Partners, which led Aurora’s management buyout in 2020, will reinvest significantly alongside 22C Capital, underlining long-term confidence in the business.
Nick Heslop, Managing Partner at CGE, commented:
“Aurora’s transformation into a global leader in energy market intelligence is a testament to its exceptional leadership team and the strength of our partnership.”
Chloe Holding Curtis, Partner at CGE, added:
“We are proud to have supported John and his team at Aurora in its growth journey to date and are delighted to remain investors alongside management, TPG Rise Climate and 22C in this next phase of growth.”
TPG Rise Climate emphasized Aurora’s role as a strategic asset in a rapidly changing energy landscape.
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“With increasing power demand across the globe, Aurora’s service offering has already proved invaluable, and we expect it to have strong growth prospects in the US, Asia, and beyond,” said Ed Beckley, Managing Partner.
“Increased visibility into data and analytics for the power industry will continue to be a strategic differentiator across the energy value chain,” added Jamie Gilbert, Business Unit Partner.
22C Capital, which brings deep operational expertise to the table, is also continuing its involvement.
“It’s been an amazing five years working alongside the Aurora team to enhance the company’s analytics platform and facilitate its global expansion – we are excited to be a part of the next phase of the journey,” said Kevin Black, Partner at 22C.
The partnership between TPG Rise Climate, CGE, and 22C Capital positions Aurora Energy Research to capitalize on surging demand for energy data and analytics, extending its leadership across a fast-evolving global power market.
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