Energy One Sees Larger Addressable Market

This morning news broke that Energy One had agreed to acquire Australia’s CQ Energy in a deal reportedly worth $36mAUS in cash and shares.CQ Eenergy is the leading provider of operational energy services to the Australian gas and electricity sector. CQ provides similar 24×7 operational services to Energy One’s European businesses eZ-nergy and Egssis as well as running a sophisticated risk transfer/broking and consulting business. The company sees the energy transition as presenting a tremendous opportunity for it to grow and access a significantly larger addressable market according to an investor presentation filed with the ASX. Energy One sees the energy transition as resulting in a larger market of smaller distributed assets and significantly more complexity in and around scheduling and despatching those assets. It expects to see greater volatility, complexity and rapidly increasing amounts of data being generated and consumed to support decisions. We would add that there are likely to be many more smaller transactions and so transaction volumes will also rise rapidly as the demand for data and risk assessments increasingly becomes near real-time. Certainly, these markets are set for massive change and globally.  “So as markets expand and decentralise, a much larger number of participants will require… continue reading

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