Volue ASA — Regulatory Filings 2021

Jul 15, 2021

Volue provides Statkraft with Software-as-a-Service for Trading Operations

Volue provides Statkraft with Software-as-a-Service for Trading Operations

(Oslo, 15 July 2021) Volue ASA (Volue, OSE: VOLUE) today announce an agreement with Statkraft to provide Europe’s largest producer of renewable energy with software for physical power and gas operations in numerous European power and gas markets.

For years, Volue has supported Statkraft with software and data to manage one of the most extensive energy trading operations in Europe. The new solution for Statkraft will shift these services to a cloud environment.

Volue is a reliable and experienced technology and software vendor, able to run even the most business-critical software as Software-as-a-Service. By that Volue helps clients decrease operational excellence and increase scalability.

Trond Straume, CEO of Volue, is pleased that Statkraft decided on Volue.

“I am proud to continue our successful strategic partnership with Statkraft. With our Energy suite, Statkraft will realise operational excellence for Europe’s largest renewable portfolio. In addition, running our applications in the cloud will improve Statkraft’s process efficiency and enable more automation and shorter time-to-market,” says Straume.

Volue has deep domain knowledge, technology expertise and a broad European client base. A high degree of automation and short time-to-market are keys to success. Volue’s software is in use 24/7 and provides clients with the speed and flexibility required to enter new markets and adapt to changing market rules.

For additional information, please contact:

Trond Straume, Chief Executive Officer, Volue +47 907 99 625

Arnstein Kjesbu, Chief Financial Officer, Volue +47 970 47 699

About Volue | www.volue.com

Volue is a market leader in technologies and services that power the green transition. Based on 50 years of experience, Volue provides innovative solutions, systems and insights to industries critical to society. Over 650 employees work with more than 2000 customers across energy, power grid, water and infrastructure projects that ensure a sustainable, flexible and reliable future. The company is headquartered in Oslo, Norway and active in 40+ countries.