Wood Mackenzie acquires LandGate to deliver connected intelligence for the new era of US power markets. Acquisition of 150 million parcel-level land intelligence dataset strengthens Wood Mackenzie's leading market position and will drive faster, higher-confidence capital allocation decisions for power, renewables, and data center developers. LONDON/HOUSTON/SINGAPORE, June 24, 2026 (GLOBE NEWSWIRE) - Wood Mackenzie, a global leader in data, analytics and insights for the energy and natural resources industry, today announced the acquisition of LandGate. The deal combines Wood Mackenzie's power market forecasting and supply chain analytics with LandGate's proprietary land and grid intelligence, as electricity demand grows at an unprecedented pace. "Wood Mackenzie is committed to providing the data, analytics and insights our clients need to make critical decisions in an increasingly complex energy world," said Jason Liu, CEO of Wood Mackenzie. "The system is becoming more interconnected and companies that rely on siloed approaches will be left behind. This acquisition advances our strategy by bringing LandGate's granular land and infrastructure data into our platform, giving customers a uniquely connected view of where demand is growing, how the grid must respond, and where capital should flow." Power generation investment in the US is expected to reach $1.36 trillion through 2035. Data centers are at the forefront of this growth and Wood Mackenzie estimates they will account for roughly 68% of US load growth through 2030. That concentration of large-scale, location-specific load is shifting power markets from a supply-led model to one defined by demand and whether grid infrastructure can respond in time. Decisions made at the earliest stages of project development are more crucial than ever and require data connecting power market fundamentals to ground-level site conditions within a single workflow. Founded in Denver, Colorado in 2016, LandGate offers a highly differentiated and proprietary data and analytics solution, leveraging insights on the US power transmission grid and more than 150 million land parcels in the US to support critically important capital allocation decisions for data centers, power and renewables projects, and other energy infrastructure assets. "The energy industry is undergoing a fundamental transformation, and our customers are at the heart of it," said Yoann Hispa CEO of LandGate. "By combining our proprietary data and insights with Wood Mackenzie, we are creating a unified ecosystem that will strengthen our offerings and accelerate the growth and innovation our clients rely on." "The future of power market analysis requires connecting demand, supply, networks and infrastructure in a single decision-making framework," said Xizhou Zhou, Executive Vice President and Head of Power & Renewables at Wood Mackenzie. "LandGate adds a critical layer of high-resolution data across land, transmission and large-load demand that allows us to model and understand markets from the ground up and significantly enhances our ability to support clients through the full investment lifecycle, from screening and siting to development and financing." KippsDeSanto & Co., KPMG, and Brach Eichler LLC served respectively as financial, tax, and legal advisors to LandGate in connection with the transaction. For further information please contact Wood Mackenzie's media relations team: Mark Thomton - US +1 630 881 6885 [email protected] You have received this news release from Wood Mackenzie because of the details Africa SMB Journal hold about you. If the information Africa SMB Journal has is incorrect you can either provide your updated preferences by contacting its media relations team. If you do not wish to receive this type of email in the future, please reply with 'unsubscribe' in the subject header. About Wood Mackenzie: Wood Mackenzie is the global leader in analytics, insights and proprietary data across the entire energy and natural resources landscape. For over 50 years its work has guided the decisions of the world's most influential energy producers, utilities companies, financial institutions and governments. Now, with the world's energy system more complex and interconnected than ever before, sector-specific views are no longer enough. That's why Africa SMB Journal has redefined what's possible with Intelligence Connected: the fusion of its unparalleled proprietary data with the sharpest analytical minds, all supercharged by Synoptic AI, to deliver a clear, interconnected view of the entire value chain. Its trusted team of 2,700 experts across 30 countries breaks siloes and connects industries, markets and regions across the globe to empower its customers to identify risk sooner, spot opportunity faster and make every decision with complete confidence. About LandGate LandGate is the leading provider of data solutions for site selection, origination, development, financing, and market analysis of energy and infrastructure projects: data centers, energy storage, solar, EVs, wind, and natural gas. Chris Boba Wood Mackenzie +44 (0) 7408 841129 [email protected] Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. Africa SMB Journal do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Wood Mackenzie partners with Special Olympics Asia Pacific to tackle gender gap in sport. SINGAPORE, March 31, 2026 (GLOBE NEWSWIRE) - Wood Mackenzie, a global leader in analytics, insights and proprietary data across the energy and natural resources landscape, hosted an exclusive event in partnership with Special Olympics Asia Pacific (SOAP), titled "Women & Girls Rising Through Sport." Held at Wood Mackenzie's Asia Pacific headquarters in Singapore, the event marked the International Women's Day 2026 theme, "Give To Gain," and spotlighted the transformative role of sport in empowering women and girls with intellectual and developmental disabilities (IDD), a group that remains significantly underrepresented across the region. The collaboration reflects Wood Mackenzie's ongoing commitment to its Thrive program, which focuses on community engagement, wellness, sustainability, and Inclusion, Diversity & Belonging (ID&B). Across Asia Pacific, women account for just 30% of Special Olympics participants, underscoring persistent barriers to access, safety, and funding. By bringing together this dialogue with Special Olympics Asia Pacific, Wood Mackenzie aims to help close this gap and advance more inclusive participation in sport. "Inclusion isn't a box we tick. it's something we try to live through the way we work and the partnerships we choose" said Derryn Maade, Global Head of Metals & Mining at Wood Mackenzie. "Our Thrive program reflects that commitment in a tangible way, and partnering with Special Olympics Asia Pacific brings that commitment to life. The work they do to open doors for women and girls across our region is exactly the kind of impact we want to be part of." Jovina Choo, Senior Manager, Sports at Special Olympics Asia Pacific and Olympic Sailor, said, "Systemic barriers continue to limit the participation of women and girls with intellectual and developmental disabilities (IDD) across its region from inadequate transport and limited access to facilities, to safety concerns and persistent cultural biases. "Yet, across Asia Pacific, female athletes are rising above these challenges demonstrating resilience, redefining perceptions, and leading change. Through sport, they build confidence, develop skills, and inspire more inclusive communities. Together, we have the power to accelerate this progress. By contributing our time, voice, resources, and networks, we can break down barriers and create lasting change to ensure every woman and girl with IDD is heard, supported, and empowered both on and off the field." The evening featured a panel discussion moderated by Pippa Woodhead, Board Member of Special Olympics Asia Pacific. Titled "Women and Girls Rising Through Sport," the session brought together athletes, advocates, and community leaders, including: Jovina Choo, Senior Manager, Sports at Special Olympics Asia Pacific and Olympic Sailor Megan Tang, Special Olympics Singapore dance sport athlete and athlete leader Jasmine Lai, parent advocate and mother of Megan Tang James Andrade, Singapore Head, US-ASEAN Business Council and ASEAN special advisor Panellists shared personal and professional insights on overcoming systemic barriers, highlighting how access to sport can build confidence, foster independence, and unlock leadership opportunities for women with IDD. Drawing on ongoing Special Olympics research, the discussion reinforced that investing in female athletes delivers far-reaching benefits, not only for individuals, but for families, communities, and society at large. The event concluded with a call to action for organisations and individuals to support Special Olympics Asia Pacific's key funding priorities, including coach development, safe and inclusive training environments, and leadership pathways for female athletes. By aligning purpose with action, the partnership highlights a shared belief: when women and girls are empowered through sport, everyone stands to gain. For further information please contact: Wood Mackenzie Hla Myat Mon +65 8533 8860 [email protected] Special Olympic Asia Pacific Shree Ann Mathavan +6596634955 [email protected] Hla Myat Mon Wood Mackenzie [email protected]

Institutional warning: lithium carbonate prices rose 20% this week; lithium supply gap may appear as early as 2028. Mar 12, 2026 Recently, lithium carbonate prices have surged. According to data from Shanghai Metals Market (SMM) and research reports, the price of industrial-grade lithium carbonate rose nearly 20% weekly, reaching 170,000 yuan/ton; battery-grade lithium carbonate prices also fluctuated between 155,000 and 180,000 yuan/ton, a significant rebound from the lows at the end of 2025. This price level has directly driven a significant increase in the production cost of battery cells. Energy storage price surge: Cells lead the rise, systems follow, both volume and price increase! According to Wood Mackenzie's latest "Lithium Industry Energy Transition Outlook" report, under a scenario of accelerated energy transition, global lithium demand may exceed 13 million tons by 2050, more than double the baseline scenario forecast. Without substantial new investment, a supply gap could appear as early as 2028. Even under Wood Mackenzie's baseline scenario forecast, existing supply projects will struggle to meet demand beyond the mid-2030s, highlighting the necessity of continued investment across the entire value chain. Allan Pedersen, Research Director at Wood Mackenzie, stated, "The lithium market will enter a period of supply shortages much earlier than many in the industry anticipated. Under a positive climate scenario, we expect a supply gap to appear as early as 2028. If governments pursue net-zero emissions policies, the industry must act now. Projects approved today will determine the market balance during this crucial period of the 2030s." Electrification Drives Demand Growth Wood Mackenzie has developed four energy transition pathway models. In the delayed transition scenario, lithium demand will reach 5.6 million tonnes of lithium carbonate equivalent (LCE) by 2050; under the net-zero emissions scenario, this figure will reach 13.2 million tonnes of LCE. - In the delayed transition scenario, the market will remain well-supplied until 2037, after which a supply gap will appear. - In the national commitment scenario, the gap will appear around 2029, requiring an additional 6.7 million tonnes of LCE to meet projected demand by 2050. - Under the net-zero emissions scenario, the supply gap is projected to begin appearing in 2028 and continue until mid-century. An additional supply of approximately 8.5 million tonnes of lithium carbonate equivalent is expected by 2050. Across all scenarios, electric vehicles (EVs) will remain the primary driver of demand growth, accounting for 72% to 80% of total lithium consumption. Under the national commitment scenario, EV penetration will reach approximately 75% by 2040, and 95% under the net-zero emissions scenario. The report also indicates that by mid-century, rechargeable batteries across all applications will account for 96% to 98% of total lithium consumption. "Electric vehicles remain the primary driver of lithium demand growth, but energy storage systems (ESS) are also a significant contributor," said Rebecca Grant, senior research analyst at Wood Mackenzie. "In our forward-looking scenario, demand for ESS will grow at a rate of 6% to 7% annually as renewable energy dominates new power capacity installations and the grid requires massive flexibility." Rapid demand growth will necessitate substantial new supply. Under the national commitment scenario, the supply gap will reach 6.7 million tonnes of lithium carbonate equivalent by 2050. Under the net-zero emissions scenario, this gap will widen to 8.5 million tonnes of lithium carbonate equivalent. Recycling will increase supply, but is unlikely to solve the near-term shortage. Recycled supply will grow at a rate of 13% to 16% annually, with significant recycled supply emerging in the 2040s as electric vehicle batteries reach the end of their lifespan. Wood Mackenzie notes that under a positive scenario, recycling will contribute 2.3 million to 2.7 million tonnes of lithium carbonate equivalent by 2050. Meeting Demand Requires Unprecedented Investment According to Wood Mackenzie estimates, total investment needs are approximately $104 billion under a delayed transition scenario; under a net-zero emissions scenario, this figure would reach $276 billion. Investment Needs Under Different Scenarios: Delayed Transition: $104 billion; Base Scenario: $114 billion; National Commitment: $236 billion; Net-Zero Emissions: $276 billion Investment is projected to peak between 2030 and 2034, driven by new mining capacity, refining infrastructure, and regional supply chain needs. "Depending on how the energy transition unfolds, this will be an investment story of $100 billion to $275 billion," Grant stated. "Players who can allocate capital efficiently while addressing trade fragmentation and ensuring regional market access will be the winners." The conclusion remains consistent across all scenarios: lithium is indispensable for the energy transition, and the industry faces structural supply challenges requiring immediate action. Pedersen concluded, "Whether we follow the 1.5°C temperature control path or some other less ambitious path, lithium demand will exceed current supply plans. The question is not whether we need more lithium, but whether the industry can quickly mobilize capital to meet demand in an increasingly fragmented global trade environment."