-- Strengthens Power and Renewables Portfolio with Combined Long-Term and 
      Short-Term Insights 
 
   -- Delivers Best-in-Class AI-Powered Nodal Price Forecasts and Decision 
      Tools for Physical Power Traders, Utilities and Asset Operators 

NEW YORK, March 18, 2026 /PRNewswire/ -- S&P Global today announced the completion of its acquisition of Enertel AI Corporation, a company specializing in AI and machine learning-driven short-term power price forecasting for North American electricity markets.

These new capabilities will join S&P Global's Energy division which has established itself as the authoritative source for long-term power market intelligence, offering benchmarks, historical price data and strategic forecasts. With the addition of Enertel AI Corporation, S&P Global Energy now delivers real-time, AI-powered nodal price forecasts and decision tools that physical power traders, utilities and asset operators rely on to navigate the rapidly evolving grid. This creates a broad view of the power market -- from long-range strategic outlooks to next-day nodal pricing.

"The power markets are undergoing unprecedented transformation, and our customers need intelligence that moves at pace," said Dave Ernsberger, President, S&P Global Energy. "Enertel AI Corporation was built for this environment. Their proven track record and innovative approach make them a natural and compelling addition to S&P Global Energy. We're committed to expanding into high-value areas of the Energy market, and this acquisition is a clear step forward in that strategy."

Founded in 2021 and incorporated in Ontario, Enertel AI Corporation delivers probabilistic, nodal-level price forecasts across all major ISOs in North American wholesale power markets, including day-ahead and sub-hourly forecasts. Enertel's proprietary AI and machine learning models include the application of Graph Neural Networks (GNN) to deliver market-leading probabilistic price forecasts and decision support by integrating market prices, load, weather, fuel costs and other price formation inputs.

The acquisition is not expected to have a material impact on the financial results of S&P Global or the S&P Global Energy division.

Media Contacts:

Orla O'Brien

S&P Global

+1 857-407-8559

orla.obrien@spglobal.com

Josh Goldstein

S&P Global Energy

+1 954-254-4900

josh.goldstein@spglobal.com

About S&P Global

S&P Global $(SPGI)$ enables businesses, governments, and individuals with trusted data, expertise and technology to make decisions with conviction. We are Advancing Essential Intelligence through world-leading benchmarks, data, and insights that customers need in order to plan confidently, act decisively, and thrive economically in a rapidly changing global landscape.

From helping our customers assess new investments across the capital and commodities markets to guiding them through the energy expansion, acceleration of artificial intelligence, and evolution of public and private markets, we enable the world's leading organizations to unlock opportunities, solve challenges, and plan for tomorrow -- today. Learn more at www.spglobal.com.

About S&P Global Energy

At S&P Global Energy, our comprehensive view of global energy and commodities markets enables our customers to make superior decisions and create long-term, sustainable value. Our four core capabilities are: Platts for pricing and news; CERA for research and advisory; Horizons for energy expansion and sustainability solutions; and Events for industry collaboration. S&P Global Energy is a division of S&P Global (NYSE: SPGI). Learn more at www.spglobal.com/energy.

Forward-Looking Statements

This press release contains "forward-looking statements," as defined in the Private Securities Litigation Reform Act of 1995. These statements, which express management's current views concerning future events, trends, contingencies or results, appear at various places in this press release and use words like "anticipate," "assume," "believe," "continue, " "estimate," "expect," "forecast," "future," "intend," "plan," "potential," "predict," "project," "strategy," "target" and similar terms, and future or conditional tense verbs like "could," "may," "might, " "should," "will" and "would." For example, management may use forward-looking statements when addressing topics such as: the outcome of contingencies; future actions by regulators; changes in the Company's business strategies and methods of generating revenue; the development and performance of the Company's services and products; the expected impact of acquisitions and dispositions; the Company's effective tax rates; the Company's cost structure, dividend policy, cash flows or liquidity; and the anticipated separation of S&P Global Mobility ("Mobility") into a standalone public company.

Forward-looking statements are subject to inherent risks and uncertainties. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements include, among other things:

   -- worldwide economic, financial, political, and regulatory conditions 
      (including slower GDP growth or recession, restrictions on trade (e.g., 
      tariffs), instability in the banking sector and inflation), and factors 
      that contribute to uncertainty and volatility (e.g., supply chain risk), 
      geopolitical uncertainty (including military conflict), natural and 
      man-made disasters, civil unrest, public health crises (e.g., pandemics), 
      and conditions that result from legislative, regulatory, trade and policy 
      changes, including from the U.S. administration; 
   -- the volatility and health of debt, equity, commodities, energy and 
      automotive markets, including credit quality and spreads, the composition 
      and mix of credit maturity profiles, the level of liquidity and future 
      debt issuances, equity flows from active to passive, fluctuations in 
      average asset prices in global equities, demand for investment products 
      that track indices and assessments and trading volumes of certain 
      exchange traded derivatives; 
   -- the demand and market for credit ratings in and across the sectors and 
      geographies where the Company operates; 
   -- the Company's ability to maintain adequate physical, technical and 
      administrative safeguards to protect the security of confidential 
      information and data, and the potential for a system or network 
      disruption that results in regulatory penalties and remedial costs or 
      improper disclosure of confidential information or data; 
   -- the outcome of litigation, government and regulatory proceedings, 
       investigations and inquiries; 
   -- concerns in the marketplace affecting the Company's credibility or 
      otherwise affecting market perceptions of the integrity or utility of 
      independent credit ratings, benchmarks, indices and other services; 
   -- the level of merger and acquisition activity in the United States 
      and abroad; 
   -- the level of the Company's future cash flows and capital investments; 
   -- the effect of competitive products (including those incorporating 
      artificial intelligence ("AI")) and pricing, including the level of 
      success of new product developments and global expansion; 
   -- the impact of customer cost-cutting pressures; 
   -- a decline in the demand for our products and services by our customers 
      and other market participants; 
   -- our ability to develop new products or technologies, to integrate our 
      products with new technologies (e.g., AI), or to compete with new 
      products or technologies offered by new or existing competitors; 
   -- the introduction of competing products (including those developed by AI) 
      or technologies by other companies; 
   -- our ability to protect our intellectual property from unauthorized use 
      and infringement, including by others using AI technologies, and 
      to operate our business without violating third-party intellectual 
      property rights, including through our own use of AI in our products 
      and services; 
   -- our ability to attract, incentivize and retain key employees, especially 
      in a competitive business environment; 
   -- our ability to successfully navigate key organizational changes; 
   -- the continuously evolving regulatory environment in Europe, the United 
      States and elsewhere around the globe affecting each of our businesses 
      and the products they offer, and our compliance therewith; 
   -- the Company's exposure to potential criminal sanctions or civil penalties 
      for noncompliance with foreign and U.S. laws and regulations that are 
      applicable in the jurisdictions in which it operates, including sanctions 
      laws relating to countries such as Iran, Russia and Venezuela, 
      anti-corruption laws such as the U.S. Foreign Corrupt Practices Act and 
      the U.K. Bribery Act of 2010, and local laws prohibiting corrupt payments 
      to government officials, as well as import and export restrictions; 
   -- the Company's ability to make acquisitions and dispositions and 
      successfully integrate the businesses we acquire; 
   -- consolidation of the Company's customers, suppliers or competitors; 
   -- the ability of the Company, and its third-party service providers, 
      to maintain adequate physical and technological infrastructure; 
   -- the Company's ability to successfully recover from a disaster or other 
      business continuity problem, such as an earthquake, hurricane, flood, 
      civil unrest, protests, military conflict, terrorist attack, outbreak of 
      pandemic or contagious diseases, security breach, cyber attack, data 
      breach, power loss, telecommunications failure or other natural or 
      man-made event; 
   -- the impact on the Company's revenue and net income caused by fluctuations 
      in foreign currency exchange rates; 

   -- the impact of changes in applicable tax or accounting requirements on 
      the Company; 
   -- the separation of Mobility not being consummated within 
      the anticipated time period or at all; 
   -- the ability of the separation of Mobility to qualify for tax-free 
      treatment for U.S. federal income tax purposes; 
   -- any disruption to the Company's business in connection with the proposed 
      separation of Mobility; 
   -- any loss of synergies from separating the businesses of Mobility and the 
      Company that adversely impact the results of operations of both 
      businesses, or the companies resulting from the separation of Mobility 
      not realizing all of the expected benefits of the separation; and 
   -- following the separation of Mobility, the combined value of the common 
      stock of the two publicly-traded companies not being equal to or greater 
      than the value of the Company's common stock had the separation not 
      occurred. 

The factors noted above are not exhaustive. The Company and its subsidiaries operate in a dynamic business environment in which new risks emerge frequently. Accordingly, the Company cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the dates on which they are made. The Company undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances arising after the date on which it is made, except as required by applicable law. Further information about the Company's businesses, including information about factors that could materially affect its results of operations and financial condition, is contained in the Company's filings with the SEC, including Item 1A, Risk Factors in our most recently filed Annual Report on Form 10-K.

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SOURCE S&P Global

(END) Dow Jones Newswires

March 18, 2026 08:30 ET (12:30 GMT)