Saga Pure ASA: To invest NOK 75 million in Heimdall Power
Saga Pure ASA (Saga, OSE: SAGA) has entered into an agreement to invest NOK 75 million in Heimdall Power AS (Heimdall Power), to help accelerate
Heimdall Power proposes a valuable solution to new challenges faced by grid owners by offering a sensor platform and software to digitize electrical lines
SaaS business model with fast growing recurring revenues, and contracts characterised by long duration, high customer stickiness and low churn
Grid owners are estimated to invest heavily in digitization to prepare for the green transition with more variable renewable energy
A global market with same challenge across countries – the Heimdall solution can be implemented globally
By grid optimization, Heimdall Power will play a key role in decarbonization and has tailwind from new green regulations
Heimdall Power is fully commercial with blue chip international contracts and a growing sales funnel
Saga Pure ASA (Saga, OSE: SAGA) has entered into an agreement to invest NOK 75 million in Heimdall Power AS (Heimdall Power), to help accelerate
The Swiss TSO, Swissgrid, is carrying out installation work on the 220kV high-voltage lines in Handeck – Innertkirchen in March 2021. The Norwegian company Heimdall
“Heimdall’s vision is to digitize power grids globally. The ISO certifications are important milestones on the road to achieving this goal, as they streamline and
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The Supplier is to hold and maintain at all times the Heimdall Code of Conduct addressing human rights, worker rights, the environment and corruption.
The Supplier must acknowledge HP’s Code of Conduct in all new contractual arrangements. The Supplier must do this by signing the HP Compliance Letter (exhibit).
The Supplier is obligated to communicate the contents of Compliance Letter (Exhibit) to related entities and subcontractors who support the Supplier in supplying goods, works or services on behalf of HP. This will ensure that subcontractors conduct their business in accordance with the Code of Conduct.
If requested by HP, the Supplier must provide evidence and confirmation of its compliance with the Compliance Letter (Exhibit), including by providing documents and records in support of its compliance.
