23:23:35 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Copperleaf Technologies Inc
Symbol CPLF
Shares Issued 74,212,788
Close 2024-04-29 C$ 6.80
Market Cap C$ 504,646,958
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Copperleaf to provide asset management for Gasunie

2024-04-30 12:03 ET - News Release

Mr. Karim Jawad reports

GASUNIE SELECTS COPPERLEAF FOR RISK-BASED ASSET MANAGEMENT

Gasunie, an energy network company in the Netherlands and northern Germany, has selected Copperleaf Technologies Inc.'s asset investment planning solution.

Gasunie manages and maintains the infrastructure for the large-scale transport and storage of gas, with a total length of over 18,000 kilometres. Today, this is still mainly natural gas, but, as the energy transition accelerates, this will increasingly shift to green gas and hydrogen. Gasunie ensures that this part of the energy supply is safe, undisturbed and as sustainable as possible so that everyone always has access to energy.

The energy transition and the CO2 (carbon dioxide) reduction target create the need to optimize the way Gasunie manages its assets and transport system. Gasunie's vision for asset management is to make transparent and well-founded choices about investments and maintenance of the energy infrastructure to maximize the value of these activities for stakeholders. Gasunie wants to realize this vision by implementing a digital platform that can facilitate risk-driven decision making while supporting strategic portfolio planning based on maximum value creation.

Gasunie launched a European public tender in late 2023 for a risk-based asset management software solution. The company selected Copperleaf Portfolio, an out-of-the-box approach to multi-year investment planning which enables value-based, risk-informed decision-making. Copperleaf Portfolio allows companies to maximize investment returns by optimizing their portfolios within specified constraints and objectives, boosting visibility into asset risk and performance and significantly reducing planning time.

"We are delighted to welcome Gasunie to the Copperleaf community," said Karim Jawad, regional sales manager, Copperleaf. "Investing in a digital asset investment planning platform will further help Gasunie achieve its objectives for this tender as well as the company's important goals for the energy transition. We look forward to a long-term partnership together."

"Gasunie joins a growing list of European gas transmission system operators using Copperleaf to make risk-based asset investment decisions that maintain the safety of the network, achieve strategic goals and maximize value," said Stefan Sadnicki, managing director for EMEA (Europe, the Middle East and Africa) at Copperleaf. "The Copperleaf solution will support Gasunie to face the energy transition with confidence and ensure the reliability of the network for its customers."

About Copperleaf Technologies Inc.

Copperleaf provides enterprise decision analytics software solutions to companies managing critical infrastructure. The company 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's solutions are distributed and supported by regional staff and partners worldwide. Together, Copperleaf is transforming how the world sees value.

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