TPG Rise Climate Acquires Majority Stake in Aurora Energy Research to Drive Global Expansion

Reuters
04 Jun
TPG Rise Climate Acquires Majority Stake in Aurora Energy Research to Drive Global Expansion

TPG Rise Climate, the climate investing platform of TPG Inc., announced the acquisition of a majority stake in Aurora Energy Research from CGE Partners. The deal, which is subject to customary closing conditions and regulatory approvals, marks a new chapter for Aurora. With the support of CGE and 22C, Aurora evolved from a UK-focused firm into a global software and data analytics platform in the energy sector. This transaction aims to leverage TPG Rise Climate's leadership to further accelerate Aurora's growth and deepen its impact in energy markets worldwide. John Feddersen, Founder and CEO of Aurora, expressed enthusiasm about continuing to innovate and deliver market-leading support for clients under this new partnership.

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