StormGeo acquires Nena - improving our energy trading analysis offering

StormGeo has acquired all outstanding shares in Nena AS.

Nena, headquartered in Oslo, Norway, is a leading analysis house delivering energy market insights. Nena provides price prognoses and market analysis to major utilities and trading entities, with weather data being a fundamental input component of its analysis. StormGeo currently provides energy trading analysis and services, and this acquisition complements StormGeo’s offering to propel the company into a leading position of production forecasts and price prognoses for the power markets.

Read the press release here.