Global energy consultancy Xodus said March 4 it has acquired Daymark Energy Advisors to expand its power network capabilities across energy transition projects.

The company did not disclose financial details of the deal, which is expected to close at the beginning of March.

The Daymark acquisition will allow Xodus to advise on projects from generation to demand, the company said. Alongside Xodus’ advisory and engineering expertise, the addition of Daymark will allow integrated advice on technical challenges, regulatory frameworks and the market pricing dynamics associated with the transmission and distribution of electricity.

“The acquisition also bolsters Xodus’ advisory capability and energy transition offering. This will include battery storage and onshore wind and solar, whilst also providing a critical differentiator in other transition fields, such as sustainable aviation fuels (SAF),” the company said.

Steve Swindell, CEO of Xodus said the energy landscape and its needs have evolved since the firm’s founding 20 years ago.

“Xodus wants to continue to be at the forefront of delivering integrated advice to the industry and acquiring Daymark Energy Advisors supports this effort,” Swindell said.

The acquisition will add to Xodus’ existing operations in Houston and Boston with Daymark’s team working across the U.S. and Canada.

Daymark will initially work independently but is expected to integrate fully into Xodus in the future.

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