Blackstone and Vista Equity Partners are set to acquire Australian energy market software provider, Energy Exemplar, for over $1 billion. The deal reflects a growing reliance on simulation software by power utilities, grid operators, and renewable energy developers to optimize production capacity and maximize efficiencies. The two buyout firms will each hold a 50% stake, the sources said, requesting anonymity ahead of an official announcement expected later on Tuesday.
- News Source Indiatimes (Click to view full news): CLICK HERE
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