PowerGEM Acquires Cambridge Energy Solutions
November 7, 2024
PowerGEM, a PE-backed provider of power grid and energy market simulation software, has merged with Cambridge Energy Solutions (CES) to combine complementary energy market modeling and pricing simulation products. The deal expands PowerGEM's software portfolio and capabilities for short- and long-term electricity market simulation to better serve traders, financial firms, utilities and other power market participants.
- Buyers
- PowerGEM, LLC, TA Associates
- Targets
- Cambridge Energy Solutions (CES)
- Platforms
- PowerGEM, LLC
- Industry
- Energy
- Location
- Massachusetts, United States
- Transaction Type
- Addon
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