The company is expanding its market-leading technology platform to help energy suppliers get maximum value from their land assets
MANCHESTER, England and BOSTON and DENVER, March 13, 2024 /PRNewswire/ — ESG, a global leader in energy SaaS solutions, today announced the acquisition of Whitestar, a leading provider of infrastructure planning, data and software products for green energy, oil and gas, utilities, telecommunications, rail, mining and forest services. This eighth acquisition for ESG adds project evaluation capabilities to ESG’s market-leading suite of asset infrastructure data management products.
ESG acquires Whitestar to expand land offering with high-fidelity GIS data and mapping technology
ESG provides a complete software platform for energy suppliers, enabling critical market and asset management solutions in North America and the UK. ESG combines SaaS architecture, flexible integration and continuous innovation with sector expertise and decades of experience to provide the most accepted software platform in global energy markets, including energy retail and renewables. The company serves more than 800 blue chip energy players and more than 40 million end users worldwide.
Matt HirstCEO of ESG, said: “ESG provides innovative software solutions across the energy ecosystem. Our market and technology expertise helps energy retailers, traders and asset infrastructure companies thrive in an ever-changing environment. With the addition of Whitestar, we will help clients simplify their biggest land mapping challenges and improve land business decisions based on data insights. This acquisition also enables customers to leverage ESG Pandell’s full suite of infrastructure data management products to optimize land operations. We are excited to we can welcome the talented Whitestar team to ESG for creating innovative solutions that help organizations more effectively manage the entire lifecycle of land assets.”
Whitestar provides infrastructure planning data and software products that automate land mapping for the renewable energy, oil and gas, midstream, utility, telecommunications, rail and forestry market segments. The company offers the highest quality land and the most comprehensive geodetic data, information on the surface ownership of plots and cultural data (roads, rivers, borders, etc.). Data is delivered according to user specified AOI, format and coordinates. The data can be delivered as ArcGIS web streams and include hundreds of attributes not available anywhere else.
Dan O’ConnorWhitestar Director and Contour Ridge Managing Partner added: “Too often, companies that generate and transmit energy, renewable energy and natural resources lack critical insight into the land they own, manage and use. As a result, they are unable to make effective decisions such as assessing new projects By combining strengths with ESG, our products will provide these critical insights to more energy and renewable companies, so that organizations can use a single suite of products to manage the entire land value chain, including end-to-end project appraisal, acquisition, development, production, billing, financial reporting and more. I’m excited about the new opportunities for ESG and Whitestar clients and employees.”
Together, ESG and Whitestar serve companies across the energy and land value chain, driving operational efficiencies and growth opportunities for their clients.
About ESG
Energy companies rely on ESG solutions to increase revenue, increase efficiency and facilitate business innovation. ESG provides the energy sector’s broadest marketplace and meter data management to deliver an energy transition platform that optimizes the customer-to-cash process for utilities, pipelines and storage, and retail energy suppliers. The company offers a complete suite of financial, land and field solutions that enable oil and gas producers, pipelines, renewable energy and utilities to effectively monitor and manage their business operations with fewer staff. Across sectors, ESG automates complex, time-consuming processes with an integrated suite of tools to reduce service costs and increase efficiency through data and insights to deliver important results. ESG is SOC 2 certified in North America and ISO9001/27001 in the United Kingdom. We put the power of data in your hands. ESG is backed by Accel-KKR, a global software-focused private equity firm 19 billion US dollars in cumulative capital liabilities. Visit www.esgglobal.com to learn more.
About Whitestar
Whitestar Corporation is a leading provider of infrastructure planning data and software products. Over the past decade, the company has helped green energy, oil and gas, pipeline, utility and forestry companies digitize and spatialize land records. Whitestar’s flawless, accurate and up-to-date cartographic data enables clients to create business opportunities and reduce risk. Whitestar supports Contour Ridge, a Texas a private equity-based firm that provides founder-led companies with the capital and support they need to take their businesses to the next level. For more information, visit www.whitestar.com.
SOURCE ESG
