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

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.

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.”

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.

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.”

Aegir Insights co-founder and chief commercial officer Rikke Nørgaard 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.”

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.”

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.”