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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