Navigating regulatory proceedings is inherently complex and time consuming for all stakeholders. Data fragmentation makes it exceptionally challenging to monitor, analyze and respond to information and even more difficult to identify insights and trends at scale. HData’s platform, bolstered by Insight Engine’s unique features and data, addresses these challenges.
“The entire regulated energy sector benefits from reduced complexity and technology that makes it easier to find, understand and use regulatory information,” said Hudson Hollister, CEO and co-founder of HData. “This transaction not only creates a larger ecosystem for energy regulatory work, but also plays an important role in data enhancement for our customers as we continue building the specialized capabilities that no one else offers."
The sale is celebrated by Advanced Energy United’s President and CEO Heather O’Neill as a move to strengthen the customer experience. “We are in a period of rapid technology advancement and the smart, strategic application of AI has the power to transform the insights available to the energy industry,” noted O'Neill. “Our team of dedicated, on-the-ground policy experts is excited to continue empowering energy professionals with insights into regulatory and legislative landscapes. The combined strengths of Insight Engine and HData open new opportunities to accelerate innovation and expand what is possible for customers.”
Advanced Energy United will maintain its role as an energy industry association dedicated to state and regional policy, and the only business group representing the full range of advanced energy and transportation solutions, both grid-scale and distributed.
The financial terms of the acquisition were not disclosed.
About HData
HData combines centralized data with powerful AI to analyze regulatory proceedings in minutes. Leveraging multiple large language models in a grounded environment, HData is the energy sector’s only regulatory intelligence solution that supports high document volumes, detailed source citations, customizable information alerts, a fully integrated regulatory data library and a secure data hub for uploaded files. By reducing the time and cost burdens of regulatory research and analysis, energy professionals can achieve more comprehensive analysis in less time. Learn more about Regulatory AI at hdata.com.
About Advanced Energy United
Advanced Energy United (United) is a national industry association representing businesses that provide energy and transportation solutions. United advocates for policies that enable competition and works alongside member companies to create economic opportunity, lower consumer costs and bolster energy reliability and resilience across the country. Learn more at advancedenergyunited.org.