17 Jan 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.
January 16, 2018, RICHMOND, B.C., Canada — 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 functionally 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 the 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 solutions to global and enterprise companies, and we believe together we can offer better outcomes for all our customers.”
About ZE and ZEMA
ZE is a technology leader providing customers with software and services that transform decoupled and fragile data-related routines into streamlined, transparent, secure, and automated business processes. ZEMA, ZE’s award-winning flagship software, is a comprehensive data management and business process automation software solution. With its unparalleled data library, analytical functionalities, curve management, and integration capabilities, ZEMA offers a modular, end-to-end, automated solution for clients of all sizes, operating in any industry.
ZE and ZEMA are trademarks of ZE PowerGroup Inc. All other company and product names may be trademarks of the respective companies with which they are associated.
About Essentia Advisory Partners LLC.
Essentia is a consulting firm headquartered in Houston, Texas. Our firm provides advisory and technology implementation services for to commercial clients in North America’s Energy Markets. Essentia delivers relevant solutions that promote efficiency, create value, and ensure compliance for clients engaged in commercial activities such as trading and risk management, marketing and asset operations. We help our clients manage risk, optimize performance and navigate through the constantly evolving markets. Essentia’s clients range from high-growth emerging companies to the Fortune 500.