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Member News22nd Jun 2023

Fennex commits £1.2mn to accelerate RE

Aberdeen-based digital tech company Fennex plans to invest £1.2mn to speed up its growth in the renewable energy sector in the coming three years. In the process it will create up to 12 ‘green’ jobs, it said June 20.

The company partners with oil and gas operators and service companies to improve health and safety reporting through its digital safety observation management solution, BBSS. It also develops bespoke digital solutions to optimise operational performance and capital project management. Now, it has set its sights on bringing those benefits to the wind energy sector.

The investment includes a grant of almost £200,000 from the Offshore Wind Growth Partnership (OWGP), backed by Ocean Wind and Equinor. Fennex said the funding was “a significant milestone in transitioning our ground-breaking technology and expertise to the offshore wind sector.”

L-R: Munguntsetseg Ganbold, Nassima Brown & Adrian Brown (Credit: Fennex)