Calgary-based Orennia announced the successful close of its Series C growth financing today, led by Decarbonization Partners, a joint venture between BlackRock and Temasek. Existing investors also participated in the funding round.
Orennia’s Ion_AI platform delivers unparalleled data, analytics, and insights for the energy transition sectors, including power, renewables, clean fuels, and carbon capture. Purpose-built with artificial intelligence at its core, the platform helps users make informed investment decisions at unprecedented scale and speed.
“In an industry where many technology providers fall short of their claims, we are proud to stand out as a leader,” said Brook Papau, CEO and co-founder of Orennia. “This investment underscores the real, actionable value Orennia brings its clients. Our platform provides a durable strategic edge that’s redefining what’s possible in the energy transition.”
Orennia reports significant impact among its clients, with 95% noting accelerated workflows and 93% citing improved capital-allocation decisions. Co-founder and CFO Tanya Baeza highlighted the company’s commitment to using the new funding to drive further innovation and support the global energy transition.
Dr. Meghan Sharp, Global Head and Chief Investment Officer of Decarbonization Partners, emphasized the importance of Orennia’s work. “Orennia’s market-leading platform exemplifies how digital technologies can enable significant decarbonization outcomes. The platform empowers developers and investors to make confident, timely decisions that accelerate projects and deliver proven results.”
With this latest funding, Orennia plans to expand its capabilities, further empowering clients in sectors ranging from solar and wind energy to data centers and hydrogen.
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