Bloomberg buys New Energy Finance

I’m late getting to this, but media and financial data giant Bloomberg has acquired London-based New Energy Finance, which produces data and reports on alternative energy investment trends.

The Financial Times calls it “a bet on the growth of carbon markets and clean energy investment” by Bloomberg.

From the official announcement Wednesday, Bloomberg head of global data Beth Mazzeo explains the deal’s rationale this way:

“Clean energy and carbon investment will generate significant demand for information, research and analysis over the next decade,” she said. “New Energy Finance and Bloomberg have complementary expertise and data that will help set new standards, increase market liquidity and provide our customers with incomparable investment tools to establish a global framework for these markets.”