Platts to Buy Energy Analytics Provider PIRA

The acquisition, which is expected to close before the end of September, will accelerate the development of S&P Global Platts' commodities analysis offering.


PIRA provides research and forecasting products and services to more than 500 energy and commodity customers in 60 countries, including oil and gas companies, traders, refiners, pipeline companies, financial firms and government agencies.

Officials say PIRA's "respected offering, solid customer base and established analytical team" give S&P the opportunity to accelerate development of its oil and gas capabilities.

"Together with our recent acquisitions of RigData and Commodity Flow, PIRA will

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