Velocity Partners, a new private equity firm focused on the energy and industrials sector, has bought a minority stake in Moreld to spearhead its launch.
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Ocergy concludes its Series A equity fundraising round with investments from Moreld Ocean Wind and Chevron Technology Ventures
14 Apr 2021
Moreld Ocean Wind (MOW) and
Chevron Technology Ventures (CTV). The Series A round will fund Ocergy s growth and the commercialization of its sustainable offshore solutions, the
OCG-Wind Floating Offshore Wind Turbine (FOWT)
technology and
OCG-Data environmental monitoring buoy.
Successful close of this round validates the industry s potential to grow offshore renewable energy. Ocergy s low-cost floating offshore wind turbine foundation has the potential to meet local supply chain and industrialization requirements with clear value, and the OCG-Data buoy technology enables integrated environmental data-gathering and support for biodiversity.
Ocergy Successfully Concludes its Series A Equity Fundraising Round with Investments from Moreld Ocean Wind and Chevron Technology Ventures
Funding Positions the Company for Growth in the Offshore Wind Space
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CARSON CITY, Nev., April 13, 2021 /PRNewswire/ Ocergy, Inc, announced it has secured investments from Moreld Ocean Wind (MOW) and Chevron Technology Ventures (CTV). The Series A round will fund Ocergy s growth and the commercialization of its sustainable offshore solutions, the OCG-Wind Floating Offshore Wind Turbine (FOWT) technology and OCG-Data environmental monitoring buoy.
Ocergy s OCG-Wind & OCG-Data platforms
Successful close of this round validates the industry s potential to grow offshore renewable energy. Ocergy s low-cost floating offshore wind turbine foundation has the potential to meet local supply chain and industrialization requirements with clear value, and the OCG-Data buoy technology enables integ