Wood Mackenzie, the Edinburgh-based global consultancy for the energy and natural resources industries, has announced the acquisition of Colorado-based LandGate.
Wood Mackenzie said the deal combines its power market forecasting and supply chain analytics with LandGate’s proprietary land and grid intelligence, as electricity demand grows at an unprecedented pace.
Wood Mackenzie is currently owned by New York private equity firm Veritas Capital.
“Wood Mackenzie is committed to providing the data, analytics and insights our clients need to make critical decisions in an increasingly complex energy world,” said Wood Mackenzie CEO Jason Liu.
“The system is becoming more interconnected and companies that rely on siloed approaches will be left behind. This acquisition advances our strategy by bringing LandGate’s granular land and infrastructure data into our platform, giving customers a uniquely connected view of where demand is growing, how the grid must respond, and where capital should flow.”
Wood Mackenzie said LandGate offers a “highly differentiated and proprietary data and analytics solution, leveraging insights on the US power transmission grid and more than 150 million land parcels in the US to support critically important capital allocation decisions for data centers, power and renewables projects, and other energy infrastructure assets.”
LandGate CEO Yoann Hispa said: “The energy industry is undergoing a fundamental transformation, and our customers are at the heart of it.
“By combining our proprietary data and insights with Wood Mackenzie, we are creating a unified ecosystem that will strengthen our offerings and accelerate the growth and innovation our clients rely on.”
Xizhou Zhou, Executive Vice President and Head of Power & Renewables at Wood Mackenzie, said: “The future of power market analysis requires connecting demand, supply, networks and infrastructure in a single decision-making framework.
“LandGate adds a critical layer of high-resolution data across land, transmission and large-load demand that allows us to model and understand markets from the ground up and significantly enhances our ability to support clients through the full investment lifecycle, from screening and siting to development and financing.”