Acquisition adds to robust portfolio of global
conferences & events and complements industry-leading portfolio
of Energy Transition data, analytics and insights
offerings
LONDON and NEW YORK, May 14, 2024
/PRNewswire/ -- S&P Global Commodity Insights, a division of
S&P Global (NYSE: SPGI), and the leading independent provider
of information, data, analysis, benchmark prices and workflow
solutions for the commodities, energy, metals and energy transition
markets, today announced that it has acquired World Hydrogen
Leaders, a globally-recognized portfolio of hydrogen-related
conferences and events, digital training and market
intelligence.
The acquisition comes at a time when hydrogen supply is on a
trajectory to nearly triple by 2050, according to S&P Global
Commodity Insights, from 2023's 95 million metric tons (mmt) to 114
mmt in 2030 and 256 mmt in 2050.
World Hydrogen Leaders offers live events around the world
across all segments of hydrogen and its derivatives, as well as
virtual events and training. Its conferences attract more than
5,000 annual attendees, headlined by World Hydrogen Week, which is
set to take place in Copenhagen in
September.
World Hydrogen Leaders strong brand and dynamic conferences
portfolio will complement S&P Global Commodity Insights global
conferences business and provide customers with full coverage of
the hydrogen and derivative value chain alongside Energy Transition
and Sustainability solutions, including hydrogen price assessments,
emission factors and market research.
"Hydrogen is considered one of the key tools for the energy
transition and global decarbonization. I am delighted to welcome
World Hydrogen Leaders into our portfolio of premier conferences in
the energy and commodity markets space, where we gather top
stakeholders for critical debate and to facilitate better decision
making," said Lyn Tattum,
Conferences and Events Lead, S&P Global Commodity Insights.
"Hydrogen data, insights and spot market pricing are key focus
areas for us, so we see this new suite of events as an important
augmentation of our offerings."
World Hydrogen Leaders was named in the 'Sunday Times Hundred'
in 2023 as one of Britain's
fastest-growing private companies. Following the acquisition, it
will join S&P Global Commodity Insights' global flagship events
such as CERAWeek, World Petrochemical Conference, London Energy
Forum and APPEC.
"We have successfully established our flagship conferences, such
as World Hydrogen Week, as key industry events, thanks to the
support and partnership of our customers, speakers and sponsors,"
said Nadim Chaudhry, CEO, World
Hydrogen Leaders. "I look forward to working with S&P
Global Commodity Insights to ensure these events grow further and
become world class experiences where powerful conversations are
created and convened with customers, industry participants and
stakeholders."
Financial terms of the transaction were not disclosed.
Media Contacts:
S&P Global: Christina Twomey
+1-212-438-0967, Christina.Twomey@spglobal.com
S&P Global Commodity Insights: Jeff Marn +1-202-463-8213,
Jeff.Marn@spglobal.com
Forward-Looking Statements: This press release
contains "forward-looking statements," as defined in the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are subject to inherent risks and uncertainties. Further
information about the Company's businesses, including information
about factors that could materially affect its results of
operations and financial condition, is contained in the Company's
filings with the SEC, including Item 1A, Risk Factors in our Annual
Report on Form 10-K
About S&P Global Commodity Insights
At S&P
Global Commodity Insights, our complete view of global energy and
commodity markets enables our customers to make decisions with
conviction and create long-term, sustainable value.
We're a trusted connector that brings together thought leaders,
market participants, governments, and regulators and we create
solutions that lead to progress. Vital to navigating commodity
markets, our coverage includes oil and gas, power, chemicals,
metals, agriculture, shipping and energy transition. Platts®
products and services, including leading benchmark price
assessments in the physical commodity markets, are offered through
S&P Global Commodity Insights. S&P Global Commodity
Insights maintains clear structural and operational separation
between its price assessment activities and the other activities
carried out by S&P Global Commodity Insights and the other
business divisions of S&P Global.
S&P Global Commodity Insights is a division of S&P
Global (NYSE: SPGI). S&P Global is the world's foremost
provider of credit ratings, benchmarks, analytics and workflow
solutions in the global capital, commodity and automotive markets.
With every one of our offerings, we help many of the world's
leading organizations navigate the economic landscape so they can
plan for tomorrow, today. For more information visit
https://www.spglobal.com/commodityinsights.
©2024 by S&P Global Commodity Insights, a division of
S&P Global Inc.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/sp-global-commodity-insights-acquires-world-hydrogen-leaders-302144958.html
SOURCE S&P Global Commodity Insights