Travers Smith LLP has advised private equity firm CGE Partners on its investment in Aurora Energy Research, a leading provider of critical data and analytics to the power and energy industry.
Headquartered in Oxford, with additional offices in Berlin and Sydney and 148 employees worldwide, Aurora is an established energy pricing analytics provider delivering rigorous and accurate forecasts across a number of regions. Its analytics solutions are designed to help its international clients navigate the world’s transition to a sustainable, low carbon energy system. Its work is used to drive commercial lending and investment decisions, national policy formulation, and planning regarding the ongoing energy transition away from fossil fuels.
CGE's investment will support Aurora in the next phase of its growth, particularly through international expansion and new product development initiatives. This will enable the company to become the global leading provider of specialist data analytics on energy pricing. 22C Capital, a US-based data and analytics fund, will invest alongside CGE. 22C Capital has a history of helping management teams build world-class data and information businesses such as Capital IQ, ZoomInfo, and Definitive Healthcare.
The Travers Smith team was led by Private Equity & Financial Sponsors Partners Ian Keefe and James Renahan supported by Senior Associate Victoria Bramall and Associates Laura Kelly and Jessica Cragg. Specialist tax advice was provided by Tax Partner Russell Warren and Associate Aimee Hutchinson.