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Hansen Accelerates Growth in Automated Energy Trading for Major Nordic Energy Companies

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MELBOURNE, Australia, March 17, 2022–(BUSINESS WIRE)–Hansen Technologies (ASX:HSN) has continued to strengthen its position as a valued partner to Nordic energy companies in the field of automated energy trading, as well as a provider of software and solutions, through a series of winning and improving with customers in Finland and Sweden of choice in the energy and utility industries around the world.

In the period from October to December 2021, Hansen signs new agreements with Fortum, Power-Deriva, Tampereen Sähkölaitos, Kemijoki Oy, Jämtkraft and Vantaa Energy. You used different modules within Hansen Trade. As part of these agreements, Hansen Trade will expand the companies’ capabilities in mFRR, aFRR, day and intraday trading.

These achievements are the result of a series of agreements that Hansen has reached by 2021 for the establishment of several new modules within Hansen Trade with Gasum, EPV Energia Oy, Malarenergi and Power-Deriva. They underscore the value of the solution for today’s energy transition, for all market segments, and at a time when energy and utility companies are rethinking their long-term goals for digital transformation.

Hansen Trade runs as a cloud-based, modular, real-time calculation-optimized SaaS solution that fully meets the flexibility and scalability requirements of the evolving energy trading market. Hansen Trade is the ultimate automated trading solution. It allows energy companies to optimize the use of their flexible means of production, minimize their accounting errors and reduce the costs of operating a trading desk that is always accessible.

Guy Tennant, CTO of Hansen Technologies, commented: “We have stood for excellent products and services for more than 50 years. We pride ourselves on offering our clients holistic solutions and competitive advantages that enable them to optimize critical business activities and navigate a rapidly changing environment. The markets we serve are subject to constant change. That’s why our customers depend on automating critical business processes using a robust, modern business solution. Hansen uses the latest SaaS-based and modular software to meet the needs of modern energy companies. As an automated SaaS solution, Hansen Trade helps optimize the business strategy of energy and utility companies in the region. With this, Hansen Trade allows these companies to free up valuable resources to focus on more important tasks. This allows them to manage the complexity of a changing industry.”

For more information about Hansen Technologies, visit www.hansencx.com.

About Hansen Technologies

Hansen Technologies (ASX: HSN) is a leading global provider of software and services for the power, water and communications industries. With its award-winning software portfolio, Hansen helps more than 600 customers in more than 80 countries develop, sell and offer new products and services, manage and analyze customer data, and control key customer service and revenue management processes.
Visit www.hansencx.com for more information

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View the original version on businesswire.com: https://www.businesswire.com/news/home/20220317005231/en/

contacts

adan bashir
Senior Manager, Global Corporate Communications
Hansen Technologies
Phone: +1 647-204-0999

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