NEWS

<p style="text-align: center;"><img src="/ueditor/php/upload/image/20221010/1665378019629210.png" title="1665378019629210.png" alt="1.png"/></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">Aegir Insights, a technology start-up in offshore wind and power-to-x intelligence, has secured investment from energy sector leader Jon Erik Reinhardsen, alongside other investors</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">Mr Reinhardsen, who is making a private investment in the firm, is currently chairman of Equinor and is a former chief executive of geoscience firm PGS.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">In a statement, the company said the investment and board support “will accelerate Aegir Insights on its growth journey as a premium intelligence and software provider to project developers, governments and sector investors.”</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">Further to the investment, management and technology consultancy BearingPoint has been appointed as Aegir Insights’ advisor, supporting it on the path to future funding rounds and growth.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">Mr Reinhardsen said, “I have been impressed by Aegir Insights’ journey, rapidly positioning themselves as a premium, tech-enabled analytics business. Aegir’s advanced data and software are helping deploy more renewables, faster.”</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">Aegir Insights co-founder and chief commercial officer Rikke N?rgaard said, “We are incredibly proud of the hard work our team has put into establishing Aegir Insights as a leading voice in offshore wind market.”</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">Co-founder and chief executive Scott Urquhart said, “We are excited about this next phase of our journey. This investment brings industry-leading experience to our board from the energy analytics space, and capital to accelerate the build-out of our solutions through close co-operation with our clients.”</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">BearingPoint partner Thomas Bagley said, “We are excited to support the growth of a company that is accelerating deployment of renewable energy through a scalable business model which has been proven in other energy segments. We have been impressed by Aegir’s sector-leading technology, combined with the team’s deep experience and relationships.”</span></p><p><br/></p>