PennWell buys TransmissionHub, GenerationHub
Tulsa, Okla.—Global media company PennWell Corp. announced that it has acquired TransmissionHub, GenerationHub and related subscription and data businesses from Energy Central. Financial terms of the deal were not disclosed.
The acquisition adds to PennWell's growing information and mapping business for the electric power industry, according to the company.
TransmissionHub and GenerationHub are online, interactive intelligence services for professionals who build, own, operate, regulate or invest in the electric power infrastructure in North America. TransmissionHub publishes daily and weekly newsletters, reports and analysis of U.S. transmission projects. GenerationHub offers daily and weekly reporting, statistics and data on 6,600 U.S. power plants and their operations.
In addition, the purchase includes database and subscription service Fossil Fuels Tracker, the weekly Coal Insider newsletter, and the TransForum East, TransForum West and TransForum Texas regional conferences.
“These electric power databases and intelligence services provide an exceptional fit with PennWell's growing suite of data and information products for the oil and gas and electric power industries,” said Robert F. Biolchini, president-CEO of PennWell, in a release.
Edward Metz, general manager of PennWell's MapSearch, will manage the acquired businesses.