07:07:14 EDT Mon 20 May 2024
Enter Symbol
or Name
USA
CA



Copperleaf Technologies Inc
Symbol CPLF
Shares Issued 72,061,932
Close 2023-07-18 C$ 6.19
Market Cap C$ 446,063,359
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Copperleaf to provide software to Societa Gasdotti

2023-07-18 17:19 ET - News Release

Mr. Stefan Sadnicki reports

SOCIETA GASDOTTI ITALIA SELECTS COPPERLEAF FOR ASSET INVESTMENT PLANNING AND MANAGEMENT

Copperleaf Technologies Inc.'s decision analytics solution has been selected by Societa Gasdotti Italia (SGI), Italy's second-largest gas transmission system operator.

Copperleaf Asset will enable SGI to create optimal asset strategies, incorporating both financial and non-financial metrics in a streamlined investment decision-making process to maximize value while minimizing risk in line with its corporate objectives.

SGI operates more than 1,800 kilometres of pipeline throughout central Italy, transporting gas to key urban and industrial centres. The company is currently making significant investments in energy efficiency and network upgrades to ensure they can meet sustainability objectives and prepare for the energy transition.

"Our deep experience with gas transmission and asset health and risk modelling across Europe meant Copperleaf was a natural choice as a partner for SGI," said Stefan Sadnicki, managing director for Copperleaf in Europe, Middle East and Africa. "We look forward to working together and thank them for trusting us with this important project."

"SGI's partnership with Copperleaf will allow us to further increase safety standards, maintain our reliable service, and allow us guide short- and medium-term asset interventions," said Raffaele Maiello, chief operating officer at SGI. "This will support SGI to continue safely and efficiently managing our infrastructure, and help achieve our sustainability goals."

"We are delighted to welcome SGI, our first client in Italy, to the Copperleaf community," said Cristiano Martincigh, regional sales director for Copperleaf in southern Europe. "The Copperleaf solution will empower SGI to make informed tradeoff decisions between capital and maintenance costs, and understand how different scenarios will impact asset strategies through powerful what-if scenario planning capabilities."

About Copperleaf Technologies Inc.

Copperleaf provides enterprise decision analytics software solutions to companies managing critical infrastructure. It leverages operational and financial data to empower its clients to make investment decisions that deliver the highest business value. What sets Copperleaf apart is its industry-leading products and its commitment to providing extraordinary experiences, shaped by people who care deeply and partnerships that stand the test of time. Copperleaf is actively involved in shaping and implementing global industry standards and sustainability principles through its participation in the United Nations Global Compact, the Institute of Asset Management and other organizations. Headquartered in Vancouver, Canada, Copperleaf has solutions that are distributed and supported by regional staff and partners worldwide. Together, it is transforming how the world sees value.

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