ZE PowerGroup and Essentia Advisory Partners Team Up in Strategic Partnership
Delivering end-to-end data automation, analytics and business intelligence to Mexico and Latin America’s Deregulated Energy Markets.
ZE PowerGroup Inc. (“ZE”) and Essentia Advisory Partners LLC. (Essentia) are proud to announce a joint marketing agreement whereby ZE will provide its clients a broader range of data by providing access to Essentia’s comprehensive repository of power and gas data for Mexico’s energy markets. Since day one of market opening, Essentia began to aggregate federal power prices across all nodes and power delivery points in Mexico. This proprietary data includes load zone mapping, congestion, and daily settlement prices. With this partnership, licensed ZE users can use this data for valuation and pricing support for ETRM solutions. Users can also leverage ZE’s forward curve builder functionality to consolidate market fundamentals and generate forward curves for their responsive power, natural gas, crude, and refined production.
“This is a solid step in ZE’s aspiration to be a leader in Mexico and other Latin America Energy Markets while capitalizing on this newly deregulated market,” said Aiman El-Ramly, Chief Strategy Officer, ZE. “With Essentia’s strong presence in the Mexico and Latin America it will further strengthen our ability to serve customer’s data automation and analytics needs while enabling both companies to meet strong demand for relevant market data and curve management capabilities,” he continued.
“Essentia is excited to work with ZE to combine our comprehensive repository of unique Mexico market data with the power of ZE’s curve and data management technology,” said Corwin Moczygemba, Partner, Essentia “Together, we are offering our customers the only solution for the generation of forward curves that leverage their proprietary views of the market,” he added.
“This strategic partnership is designed to benefit customers and accelerate growth in new and existing energy and commodity markets in Mexico and around Latin America,” said Rebecca Bollenbach, Partner, Essentia. “Both ZE and Essentia are committed to providing comprehensive data management and analytics solution to global and enterprise companies, and we believe together we can offer better outcomes for all our customers.”