British energy analytics firm Aurora Energy Research has been acquired by TPG Rise Climate, a climate-focused investment platform of the $251bn US asset manager TPG.
The Oxford-based firm, which offers market outlook packages for energy industry participants and advisory support said the deal would accelerate its international expansion and support the next phase of its growth.
As part of the transaction, Aurora’s existing backers CGE Partners and 22C Capital, along with CEO John Feddersen, will remain investors in the company.
Founded in 2013, Aurora provides power market forecasting and analysis to support investment and financing decisions in the energy sector. It employs around 900 people and operates from 17 offices across Europe, the Americas, Asia and Australia.
Feddersen said the acquisition marked a “major milestone” for the company, adding: “TPG Rise Climate’s portfolio is driving the energy transition forward globally and we’re delighted to contribute to that.”
TPG partner Edward Beckley said Aurora was well placed to grow in the US, Asia and other regions as power demand rises globally. The deal is expected to complete in the second half of 2025, subject to regulatory approvals.
