American manager secures Oxford-based innovation venture specializing in energy analysis
In a significant move for the energy sector, TPG Rise Climate, a climate-focused investment platform of the $251bn US asset manager TPG, has announced the acquisition of Aurora Energy Research. This British energy analytics firm, founded in 2013, employs around 900 people and operates from 17 offices across Europe, the Americas, Asia, and Australia.
The acquisition, expected to complete in the second half of 2025, subject to regulatory approvals, is a strategic move for TPG Rise Climate as it drives the energy transition forward globally. John Feddersen, the CEO of Aurora Energy Research, considers this move a "major milestone" for the company.
Aurora Energy Research has been at the forefront of providing insights and advisory services in regions like Greece, where the power market is transitioning away from lignite to renewable energy sources. This focus on supporting energy transition efforts globally will continue under new ownership.
The company also offers market outlook packages for energy industry participants and advisory support, aiding investment and financing decisions in the energy sector. Its expertise extends to power market forecasting and analysis, as well as research and analysis on the impact of renewable expansions on electricity prices.
TPG Rise Climate's portfolio aligns well with Aurora Energy Research's mission. The firm's commitment to the energy transition is evident in its previous investments, making this acquisition a natural fit.
Edward Beckley, a partner at TPG, expressed his excitement about the acquisition, stating, "Aurora Energy Research's unique data-driven approach to energy analytics will be a valuable asset to our portfolio as we continue to drive the energy transition forward."
John Feddersen will remain the CEO of Aurora Energy Research post-acquisition, ensuring continuity in leadership. The deal supports the next phase of Aurora Energy Research's growth, positioning the company well to grow in the US, Asia, and other regions as power demand rises globally.
The acquisition is also expected to accelerate Aurora Energy Research's international expansion, with its forums like the Spring Forum 2025 addressing geopolitical uncertainty and energy transition, indicating ongoing engagement in global energy policy discussions.
CGE Partners and 22C Capital, existing backers of Aurora Energy Research, will remain investors in the company, ensuring stability and support during this transition period.
As Aurora Energy Research joins TPG Rise Climate's portfolio, the company is poised to play a significant role in the global energy transition, providing valuable insights and advisory services to drive sustainable and renewable energy solutions.
- The acquisition of Aurora Energy Research by TPG Rise Climate, a key player in finance and business, marks a significant step in the technology sector as it relates to the global energy transition, with Aurora's data-driven approach to energy analytics set to be a valuable asset.
- As TPG Rise Climate focuses on driving the energy transition forward globally, this strategic move in business and finance, involving the acquisition of Aurora Energy Research, is expected to accelerate technology advancements in the energy sector.
