S&P Global Acquires Enertel AI; Financial Terms Undisclosed
S&P Global, Inc. SPGI | 430.58 436.08 | +1.26% +1.28% Post |
S&P Global today announced the completion of its acquisition of Enertel AI Corporation, a company specializing in AI and machine learning-driven short-term power price forecasting for North American electricity markets.
These new capabilities will join S&P Global's Energy division which has established itself as the authoritative source for long-term power market intelligence, offering benchmarks, historical price data and strategic forecasts. With the addition of Enertel AI Corporation, S&P Global Energy now delivers real-time, AI-powered nodal price forecasts and decision tools that physical power traders, utilities and asset operators rely on to navigate the rapidly evolving grid. This creates a broad view of the power market – from long-range strategic outlooks to next-day nodal pricing.
