FGE NexantECA accelerates green-molecules strategy with acquisition of Square Commodities

FGE NexantECA announced Aug. 11 that it has completed acquisition of Square Commodities, a leading research and data-analytics platform specializing in the global renewable fuels market.

Founded in 2012 by Olivier Pellegrinelli, SquareCo has built a distinctive position in regulatory-driven demand analysis for the renewable fuels sector, serving an impressive client base including major oil companies, biofuels producers and trading houses.

The acquisition brings together FGE NexantECA’s global oil-demand modeling and market intelligence with SquareCo’s specialist regulatory and demand expertise.

Combined, the two businesses are positioned to become a leading benchmark for supply and demand intelligence across the renewable fuels market, including fast-growing segments such as sustainable aviation fuel (SAF).

Together, they will build products delivered through Lumen, FGE NexantECA’s artificial-intelligence (AI)-native platform, giving customers significantly enhanced functionality and user experience, alongside the depth of insight both businesses have built over decades of specialist coverage.

Financial terms of the transaction were not disclosed.

“Renewable fuels demand is one of the most important structural growth stories in the energy transition, and getting the supply and demand picture right requires exactly the kind of granular, regulatory-led intelligence that Olivier and his team have built over more than a decade,” said Andrew Toumazi, CEO of FGE NexantECA. “Bringing together SquareCo and FGE NexantECA allows us to combine highly complementary expertise across the energy-molecules spectrum to build something genuinely best-in-class for our customers. We’re delighted to welcome Olivier and the SquareCo team to the business.”

Pellegrinelli, founder of SquareCo and head of renewable fuels research at FGE NexantECA, added, “We have come a long way since 2012 and today marks an incredibly exciting step in accelerating that journey. Joining forces with FGE NexantECA gives us the platform and resources to do at scale what we have always done best—meticulously tracking regulatory developments across the world’s biofuels markets and translating them into market intelligence our customers rely on. We share the same commitment to rigorous, high-quality analysis, and together we will deliver a genuinely enhanced experience for our customers, without losing the depth and precision that has always been at the heart of what we do.”