Orennia announced the closing of its Series C growth funding, led by Decarbonization Partners, a partnership between BlackRock and Temasek with participation from existing investors.
Orennia offers accurate data, trustworthy analytics, and actionable research for power, renewables, data centers, clean fuels, and carbon capture in its next-generation platform Ion_AI. Purpose-built with AI at the core, the Ion_AI platform offers insights to users at unrivaled scale and speed. Orennia’s approach combines data, analytic,s and artificial intelligence with best-in-class customer support to help clients make smarter decisions.
KEY QUOTES:
“In an industry where many technology providers fall short of their claims, we are proud to stand out as a leader. 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. We are relentless supporters of our clients, and it shows: 95% say we’re accelerating their workflows, and 93% say we’re helping them make better capital-allocation decisions.”
- Brook Papau, CEO and co-founder of Orennia
“Orennia’s market leading software platform is a prime example of how digital technologies can enable significant decarbonization outcomes across a diverse group of blue-chip customers. Developers and investors across the energy transition space require trustworthy data, analytics and insights. Orennia’s platform allows market participants to make timely and confident investment decisions that deliver proven results and accelerate projects.”
- Meghan Sharp, Global Head and Chief Investment Officer of Decarbonization Partners
“The trust of our industry’s leading organizations drives us to deliver exceptional value to our clients. We’re excited to put this funding to work as we advance innovation at Orennia and empower our clients to accelerate the energy transition.”
- Tanya Baeza, co-founder and Chief Financial Officer at Orennia