Ocergy appoints Dr. Kirsi Tikka to its board of directors

Carson City, NV, June 13, 2021 – Ocergy, Inc, announced it has appointed Dr. Kirsi Tikka as a new member of its Board of Directors. As former senior executive at American Bureau of Shipping, Dr. Tikka is an expert on new technologies and sustainability. Her decades of shipping industry experience and guidance will greatly benefit Ocergy’s board of directors as it continues to position the company for growth in the Offshore Wind Space.

Dr. Tikka has over 30 years of shipping experience, having recently retired from the American Bureau of Shipping classification society (“ABS”) in July 2019. She joined ABS in 2001 and held various specialist and leadership positions within ABS including Executive Vice President Global Marine, Europe Division President, and as Vice President and Chief Engineer, Global. Her most recent ABS role was as Executive Vice President, Senior Maritime Advisor, where she was responsible for aligning ABS strategic planning, client development, and product and service offerings with the industry’s technical needs and requirements. From 1996 to 2001, Dr. Tikka was a professor of Naval Architecture at the Webb Institute in New York, where she was also awarded an honorary doctorate in 2018. In addition to teaching, she carried out research on tanker structural strength and risk analysis, as well as being actively involved in the U.S. National Research Council Marine Board studies on double hull tankers. Dr. Tikka also worked for Chevron Shipping in San Francisco and Wärtsilä Shipyards in Finland.

“We are extremely pleased and honored to welcome Kirsi to our board of directors”, said Dominique Roddier, CEO of Ocergy. “Kirsi’s Maritime experience combined with her strategic vision will help guide Ocergy in becoming one of the leaders in the offshore renewable industry. Floating offshore wind has the potential to expend far beyond grid-bound generated electricity. Desalinization, hydrogen fuel for shipping and other land-based applications, and wind to oil & gas platforms are technology spaces that need to be developed rapidly. Kirsi is the right person to challenge us to develop solutions for those new markets.

“As the world aims at the net zero carbon future availability of renewable energy in global scale will be critical. Offshore floating wind production can play a strategic role in providing energy to industries and functions that require a worldwide infrastructure. Ocergy provides innovative floating solutions which can have applications beyond the traditional use of renewable energy. I am excited to be part of this development.”, said Dr Tikka.

About Ocergy

Ocergy is a technology company developing two sustainable offshore solutions:

  • OCG-Wind is a low-cost foundation supporting the new generation of very large offshore wind turbines. The innovative hull allows the platform to have a very light weight, a necessity to reduce LCOE. It is tailored towards ease of industrialization, to bring flexibility in fabrication and increase the use of a local supply chain in the project fabrication life cycle.
  • OCG-Data is an innovative multi-disciplinary ocean observer for complete offshore site assessment. It has enough footprint to host and power multiple instrumentation packages for resource and environmental characterization. Underwater biodiversity monitoring relies on the combination of restoration technologies and passive acoustic monitoring arrays. The buoy also hosts a bird and bat detection and identification system. OCG-Data provides high-quality data including ecological information for stakeholders’ engagement. 

Ocergy concludes its Series A Fund Raising

Ocergy successfully concludes its Series A equity fundraising round with investments from Moreld Ocean Wind and Chevron Technology Ventures;

positions the company for growth in the Offshore Wind Space

Carson City, NV, April 13, 2021 – Ocergy, Inc,  announced it has secured investments from Moreld Ocean Wind (MOW) and Chevron Technology Ventures (CTV).  The Series A round will fund Ocergy’s growth and the commercialization of its sustainable offshore solutions, the OCG-Wind Floating Offshore Wind Turbine (FOWT) technology and OCG-Data environmental monitoring buoy. 

Successful  close of this round validates the industry’s potential to grow offshore renewable energy. Ocergy’s low-cost floating offshore wind turbine foundation has the potential to meet local supply chain and industrialization requirements with clear value, and the OCG-Data buoy technology enables integrated environmental data-gathering and support for biodiversity.

“We are delighted about this partnership as it will allow Ocergy to advance and commercialize its innovative technologies,” said Ocergy CEO Dominique Roddier. “With MOW onboard we gain a trusted partner who will be able to provide an EPCI solution for OCG-Wind, a key requirement for many of our clients. We are excited to have gained Chevron’s investment, and look forward to potential opportunities for their guidance and expertise executing some of the most complex offshore projects in the world,” said Roddier. 

Chevron Technology Ventures has a 22-year history of investing in startups across a wide cross section of energy innovation and a track record of collaboration to bring innovation to scale. The Ocergy investment is made from CTV’s Future Energy Fund which identifies technology solutions needed for the energy transition including, industrial decarbonization, emerging mobility, and energy decentralization.

“Offshore wind power is undergoing a period of rapid innovation in an effort to provide lower carbon energy at a substantial scale,” said Barbara Burger, Vice President, Innovation and President of Technology Ventures at Chevron. “Ocergy has developed technology that could be part of the solution to enable more affordable, reliable, and ever-cleaner energy in a marine environment.”

In addition to funding, Moreld today announces the formation of MOW, a company focused on delivery of engineering, procurement, construction, and installation (EPCI) contracts in the Floating Offshore Wind Industry. Moreld owns multiple companies active in the Offshore Wind Space, including Global Maritime, Vryhof, Apply, and Origo Solutions. Moreld’s parent company, HitecVision, is a leading private equity investor in the European energy industry specializing in investments in renewable energy. 

MOW has recently hired industry veteran Kristian Ravn to serve as the company’s CEO. Mr. Ravn has held multiple C-level management positions in companies executing both green and brown field projects.

“MOW will be the spearhead of our combined knowledge within the Moreld group of companies,” said MOW CEO, Kristian Ravn. “MOW will bring project execution and technical expertise to fully integrated and dedicated EPCI project teams to execute swiftly and flawlessly our EPCI contracts. Supported by our parent- and fellow subsidiary companies, MOW will be able to work with developers to ensure projects are delivered on schedule and on budget,” said Ravn.

This investment positions Ocergy as a potential leader in advancing floating offshore wind to successfully compete for gigawatt-scale commercial projects. The Cooperation Agreement signed between Ocergy and MOW provides a strong platform for executing commercial-scale projects for Ocergy’s OCG-Wind solution worldwide. This partnership integrates one of the most promising low-cost FOWT technologies with the necessary EPCI leadership to develop a fully industrialized FOWT supply chain in all regions of the globe. 

“Closing this investment in the midst of the Covid-19 pandemic demonstrates the importance for our industry in bringing innovative solutions to further lower the Floating Offshore Wind levelized cost of energy, while focusing on local supply chain and industrialization requirements”, said Roddier.

About Ocergy

Ocergy is a technology company developing two sustainable offshore solutions:

  • OCG-Wind is a low-cost foundation supporting the new generation of very large offshore wind turbines. The innovative hull allows the platform to have a very light weight, a necessity to reduce LCOE. It is tailored towards ease of industrialization, to bring flexibility in fabrication and increase the use of a local supply chain in the project fabrication life cycle.
  • OCG-Data is an innovative multi-disciplinary ocean observer for complete offshore site assessment. It has enough footprint to host and power multiple instrumentation packages for resource and environmental characterization. Underwater biodiversity monitoring relies on the combination of restoration technologies and passive acoustic monitoring arrays. The buoy also hosts a bird and bat detection and identification system. OCG-Data provides high-quality data including ecological information for stakeholders’ engagement. 

The company principals, Alexia Aubault, Christian Cermelli and Dominique Roddier are well known in the floating offshore wind industry, having recently been distinguished with the prestigious 2020 ASME Sperry award, “in recognition of the development of WindFloat, a floating foundation for offshore wind turbines”.

About Moreld 

Moreld is an industrial company consisting of 17 subsidiaries and 3200 employees. The company has a strong position in offshore industries and an explicit strategy to target new, future-focused customer segments based on existing competence. The company has a goal of becoming a leading, sustainable industrial technology company within smart energy infrastructure, predictive maintenance and automation of operations. Moreld aims to grow revenues within new segments to 40% by 2026, in areas such as offshore wind, aquaculture and data centers. 

About Chevron Technology Ventures

Chevron Technology Ventures (CTV) pursues and invests in externally developed technologies and new business solutions that have the potential to enhance the way Chevron produces and delivers affordable, reliable, and ever-cleaner energy. CTV leverages innovative companies and technologies to strengthen Chevron’s core operations and identifies new opportunities to shape the future of energy. For more information, visit www.chevron.com/technology/technology-ventures.

Contact

Ocergy:

Dominique Roddier
President and Chief Executive Officer
droddier@ocergy.com

Moreld Ocean Wind:

Geir Austigard
CEO Moreld AS
geir.austigard@moreld.com

Chevron Technology Venture:

Mary Murrin
Corporate Affairs Advisor
MMurrin@chevron.com