Project: Sale of New Energy Finance to Bloomberg L.P.
Role: Advised the shareholders of New Energy Finance
2009Quayle Munro advises New Energy Finance on its sale to Bloomberg L.P.
December 2009:
Quayle Munro Limited is pleased to announce that it has advised the shareholders of New Energy Finance, the world’s leading independent provider of news, data and analysis in renewable energy on its sale to Bloomberg L.P for an undisclosed sum. Quayle Munro led the negotiations, structuring and execution of the transaction.
Craig Muir, Quayle Munro, commented: “Quayle Munro is delighted to have advised the shareholders of New Energy Finance on its sale to Bloomberg L.P. With a growing market, strong leadership position and proven products, New Energy Finance is well positioned to exploit a range of opportunities for significant growth both within and beyond its current client base. Bloomberg L.P, with its global reach, is the ideal partner to help New Energy Finance to achieve this.”
Michael Liebreich, Chairman and CEO of New Energy Finance said: “Tying up with Bloomberg will enable us to maintain the market leadership position we have established, developing new services of great sophistication for our clients as the clean energy and carbon markets grow rapidly and become an important part of mainstream investing. I am particularly pleased to be announcing the deal just as the international negotiations in Copenhagen get underway. QM has built an enviable track record of transactions in energy and commodities information. They did a great job supporting us throughout the process and really helped get this deal done.”
