ENVISION-ENERGY
3.5.2016 10:01:57 CEST | Business Wire | Press release
Envision, one of the world’s leading renewable energy and technology companies, today announced the acquisition of Norway-based BazeField technology in a partnership that will drive both companies forward in the digital energy revolution.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160503005810/en/
The partnership with BazeField is a continuation of Envision’s commitment to cooperate with the best companies around the world to develop solutions to meet global energy and climate challenges, and enable the necessary transition to a low-carbon global economy.
“BazeField is at the cutting edge of renewable energy system management technology,” said Felix Zhang, Envision executive director. “The acquisition will provide the resources and support for BazeField to further develop its state-of-the-art technology, and provide better products and services to its global clients. The synergies and complementary technologies between Envision and BazeField will create a partnership that will drive forward growth and innovation for both companies.”
According to Zhang, the digital energy technology market is at an early stage of development, fragmented and geographically diverse. “At this stage of the market’s development, innovation and growth requires more partnerships and greater cooperation,” he said. “The new relationship between Envision and BazeField will play a key part in achieving those goals and pushing the market forward.”
BazeField will continue to operate independently under the agreement. “The independence of BazeField is important for the success of this partnership,” Zhang said. “With Bazefield operating independently, customers will have more choice and BazeField will have the autonomy it needs to continue its development efforts.”
“We decided we would need a partner to grow with,” said BazeField CEO Sigurd Juvik. “Envision is the right partner for us. The companies have a similar vision for smart energy technology and the partnership offers us the resources and industry insights that will accelerate our product development and entry into new market regions. We have confidence in our technology. Moving forward with Envision Energy is an endorsement of that, and a massive vote of confidence.”
Zhang pointed out that the world is rapidly moving to a future energy system that is completely different from today’s. “This energy future will rely on society and business being able to run an energy system in which digitalisation means greater control and improved efficiency at every juncture,” Zhang said. “Envision Energy and BazeField are at the forefront of this transition, using software to maximise the efficiency of every piece of hardware they help to operate. The global market is undergoing a fundamental paradigm shift and global cooperation is a must.”
After the acquisition is complete, customers will be able to use the same technology platforms they have chosen from Envision or BazeField, but with added innovation and potential. Juvik said, “The combination of BazeField and Envision Energy will accelerate investment in BazeField’s technology, increase both companies’ rate of growth and geographic expansion, and increase employment and investment in Norway and Europe, all of which will help us overcome the challenges we face today in energy and the environment.”
About Envision Energy
Envision Energy (www.envision-energy.com ) is one of the world's largest smart energy management companies and among the eight largest turbine companies in the world with more than 7.5 GW of Envision smart wind turbines in operation. Envision's Energy OS platform is used to manage more than 50 GW of renewable energy assets, including charging stations and energy consumption devices worldwide. Envision has regional offices across Asia, Europe, North and South America and has established global R&D and engineering centers in Denmark, Germany and the United States.
About BazeField
Baze Technology is a software company headquartered in Norway. It’s industry leading product, BazeField Wind, is a turbine independent Wind Farm Management System (WFMS) that provides tools for real-time monitoring, reporting, availability planning, stop and loss analysis and fact-based decision making. BazeField’s Wind Farm Management System includes turnkey interfaces such as: turbine SCADA, grid, met, forecasts, trading systems etc. It also includes a suite of monitoring, analysis and operations management applications, KPI's measurements and reports needed for support in O&M of wind farms.
Envision Energy/BazeField
Transaction Summary
Purpose of the deal
With the partnership with BazeField, Envision Energy continues to cooperate with the best companies around the world to develop solutions to meet the global energy and climate challenges.
Envision Energy
Founded: 2007
HQ: Registered in Hong Kong
Employees: More than 1,000 renewable energy and software development professionals working in 12 countries.
Market position in global renewables energy and technology market:
- Second largest wind turbine company in China
- A top-10 wind turbine technology provider in the world
- Developed a leading lifecycle management system that features smart sensor networks and cloud-based IT infrastructure designed to create smart wind farms
- Largest smart energy management company in the world, currently managing more than 50 million kilowatts of global alternative energy assets
- Largest offshore turbine supplier in China
- Current markets: China, UK, Mexico, Chile, Denmark (R&D), Germany (R&D), US (R&D, System Management)
Products/Services
Wind turbines and systems
Solar power software systems
Smart energy management technology
Many other digital energy solutions
Executives
Zhang Lei - Chief Executive Officer
Felix Zhang - Executive Director
Tim Naylor - Head of Software Sales in Europe
Tim Hertel - Head of Software Sales in North America
John Childs - Head of Turbine Business Development for Europe Middle East & Africa
Michael Friedrich - Chief System Engineer
Mathias Mier - Director of Technology & Quality
Markets
Envision in North America/South America – Aerodynamics R&D, global digital energy centre and innovation lab, Envision Ventures
Envision in Europe – 1 global innovation centres
Envision in APAC – Global manufacturing, R&D, international project CoE business operations and smart energy software R&D
BazeField
Founded: 2007 as a spin-off from CARDIAC AS
HQ: Porsgrunn, Norway
Products/Services
BazeField Wind is a turbine independent Wind Farm Management System (WFMS) that provides tools for real-time monitoring, reporting, availability planning, stop and loss analysis, and fact-based decision-making. Approximately 7 GW of installed wind power capacity are managed on a daily basis.
Executives
Sigurd J. Juvik – Chief Executive Officer
Tor-Egil Tinderholt – Chief Financial Officer/Chief Operating Officer
Thorstein Rinker – Vice President Business Development
John Båserud – Chief Technology Officer
View source version on businesswire.com: http://www.businesswire.com/news/home/20160503005810/en/
Contact:
For Envision Energy:
UK
Stephanie Bailey, +44
(0) 208 618 2809
Press office
Stephanie.bailey@fhflondon.co.uk
or
Norway
Rune
Mørck Wergeland, +47 913 88 914
Press office
rmw@wask.no
or
Brussels
Alexandria
Hicks, +32 470 904 333
Press office
alexandria.hicks@fleishmaneurope.com
or
San
Francisco
Yang Stratton, 650-564-5036
yang.stratton@envision-energy.com
or
Houston
-
Joe Brettell, +1713-513-9511
Press office
joe.brettell@fleishman.com
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Multi-Color Corporation Announces Recapitalization to Reset Balance Sheet and Position Company for Long-Term Growth and Investment27.1.2026 22:09:00 CET | Press release
MCC Enters into Restructuring Support Agreement to Eliminate Approximately $3.9 Billion of Outstanding Funded Debt, Reduce More than $330 Million of Cash Interest Expense in 2026 and Extend Long-Term Debt Maturities to 2033Restructuring Supported by CD&R and More Than Supermajority of Senior Secured Lenders Who Have Agreed to Backstop a Nearly $890 Million Investment; Provides More Than $500 Million of New Liquidity to Support Long-Term Growth and Investment Upon EmergenceLaunches Consent Solicitation and Expects to Implement Restructuring Through “Prepackaged” Chapter 11 Process; Restructuring Support Agreement Provides for CD&R to Be Controlling ShareholderAll Trade Vendors Expected to be Paid in Full; All Global Operations and Service to Customers Expected to Continue Without Interruption Multi-Color Corporation (“MCC” or the “Company”), a global leader in prime label solutions, today announced strategic actions to further position the Company for long-term growth and investment to
Logitech Announces Q3 Fiscal Year 2026 Results27.1.2026 22:05:00 CET | Press release
Strong Financial Performance Driven By Strategic Priorities and Operational Discipline SIX Swiss Exchange Ad hoc announcement pursuant to Art. 53 LR — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the third quarter of Fiscal Year 2026. Sales were $1.42 billion, up 6 percent in US dollars and 4 percent in constant currency compared to Q3 of the prior year. GAAP gross margin was 43.2 percent, up 30 basis points compared to Q3 of the prior year. Non-GAAP gross margin was 43.5 percent, up 30 basis points compared to Q3 of the prior year. GAAP operating income was $286 million, up 22 percent compared to Q3 of the prior year. Non-GAAP operating income was $312 million, up 17 percent compared to Q3 of the prior year. GAAP earnings per share (EPS) was $1.69, up 28 percent compared to Q3 of the prior year. Non-GAAP EPS was $1.93, up 21 percent compared to Q3 of the prior year. Cash flow from operations was $481 million. The quarter-ending cash balance w
Mobileum Launches GlobalRoamer® Connectivity Package for the FIFA World Cup 2026 to Assure Seamless Roaming and 5G Voice Performance Across North America27.1.2026 21:45:00 CET | Press release
Special event-ready active testing, monitoring, and benchmarking package provides daily reporting, venue-level insights, and proactive issue detection to protect roaming revenues and customer experience Mobileum Inc. (“Mobileum”), a leading global provider of analytics and network solutions, today announced a Special GlobalRoamer® package for the FIFA World Cup 2026, designed to help mobile network operators (MNOs) validate roaming readiness and maintain high-quality connectivity during one of the world’s most demanding network events, where service performance directly impacts roaming revenue, customer retention, and brand reputation. The FIFA World Cup 2026 will place unprecedented pressure on mobile networks across 16 stadiums in the United States, Canada, and Mexico, as millions of fans, teams, media, and officials rely on mobile services to stream, share, and communicate in real time. Sudden spikes in data, voice, and roaming traffic can degrade performance precisely when customer
Tacton Named a Leader in the 2026 Gartner® Magic Quadrant™ for CPQ Applications for the Fourth Consecutive Year27.1.2026 18:00:00 CET | Press release
Positioned Highest in Both Completeness of Vision and Ability to Execute Tacton, a global leader in Configure, Price, Quote (CPQ) solutions for manufacturers of complex, configurable products, today announced that it has been named a Leader in the 2026 Gartner® Magic Quadrant™ for CPQ Applications. This marks the fourth consecutive year Tacton has been recognized as a Leader in the report. Among the 16 vendors evaluated, Tacton placed highest in the quadrant on Completeness of Vision and for the second consecutive year is positioned highest in Ability to Execute. Tacton CPQ is designed to support manufacturers selling highly configurable products by helping them: Ensure accurate configuration so every quote reflects valid options and constraints Quote faster with confidence across high-variance portfolios without relying on manual engineering checks Maintain pricing and margin control through consistent configuration and pricing logic This approach supports manufacturers as they manage
CSG Recognized in Multi-Category Trusted Analyst Reports for CPQ, Monetization, and Digital Partner Management27.1.2026 17:05:00 CET | Press release
The depth, innovation, and real-world impact of the company’s telecom portfolio are what make CSG stand out in the industry Communication service providers (CSPs) are under pressure to simplify complexity, monetize new services, and deliver experiences customers trust with speed and accuracy. To succeed, they need partners who can turn quote-to-cash and digital monetization into a competitive advantage, not just a back-office function. Over the past year, CSG® (NASDAQ: CSGS) has achieved multi-category recognition from leading analyst firms for doing exactly that. To CSG, these recognitions reinforce a role as a go-to partner for CSPs looking to move faster, unlock new revenue streams, and modernize their core with AI-powered, telco-specific platforms built for real-world complexity. CPQ Leadership for Complex B2B and B2B2X Monetization CSG Quote & Order continues to stand out for CSPs that need to configure complex offers, quote with confidence, and move from deal to revenue without f
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom