S&P Global Expands Energy Offerings with Enertel AI Acquisition

On March 18, 2026, S&P Global Inc. announced the successful acquisition of Enertel AI Corporation, a company renowned for its expertise in AI and machine learning-driven short-term power price forecasting within North American electricity markets. This acquisition marks a significant step for S&P Global's Energy division, further solidifying its position as a leader in the energy market intelligence space.

Enertel AI Corporation, established in 2021 and incorporated in Ontario, specializes in providing probabilistic, nodal-level price forecasts across all major Independent System Operators (ISOs) in North America. The integration of Enertel’s capabilities will enable S&P Global to offer real-time, AI-powered nodal price forecasts and advanced decision-making tools. These innovations are critical for physical power traders, utilities, and asset operators as they navigate an increasingly complex and rapidly evolving energy grid.

Dave Ernsberger, President of S&P Global Energy, emphasized the importance of this acquisition in a statement: "The power markets are undergoing unprecedented transformation, and our customers need intelligence that moves at pace. Enertel AI Corporation was built for this environment. Their proven track record and innovative approach make them a natural and compelling addition to S&P Global Energy."

With Enertel AI's advanced forecasting capabilities, S&P Global Energy will now be able to provide a comprehensive view of the power market. This includes everything from long-range strategic outlooks to next-day nodal pricing, allowing clients to make informed decisions in real-time. The proprietary AI and machine learning models developed by Enertel utilize Graph Neural Networks to integrate critical market inputs such as load, weather, fuel costs, and other price formation elements, thereby delivering market-leading probabilistic price forecasts.

S&P Global has indicated that the acquisition is not expected to have a material impact on its financial results or those of the S&P Global Energy division. This strategic move indicates S&P Global's commitment to expanding its footprint in high-value areas of the energy market while maintaining financial stability.

S&P Global is a prominent player in providing trusted data, expertise, and technology solutions to businesses, governments, and individuals, equipping them to make informed decisions in a rapidly changing global landscape. The Energy division of S&P Global focuses on comprehensive views of global energy and commodities markets, delivering critical insights that help customers create sustainable value.

As the energy sector continues to evolve, the acquisition of Enertel AI Corporation is poised to enhance S&P Global's offerings, ensuring that clients are equipped with the intelligence they need to thrive in an increasingly competitive market.