• MSCI is buying climate risk data firm First Street to expand property-level physical climate risk analytics in investment and risk workflows.
• Deal terms include USD 120 million cash at closing, with potential additional cash payments over two years tied to revenue targets.
• First Street’s models cover multi-hazard physical risks, translating site-level climate exposure into estimated financial impacts such as damage and business interruption.
• The combined offering targets assessments at any geographic coordinate across more than 2 billion structures worldwide.
• Closing is expected in Q3 2026, with results reported in MSCI’s Sustainability and Climate segment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MSCI Inc. published the original content used to generate this news brief on June 24, 2026, and is solely responsible for the information contained therein.