JERA Leads New Strategic Investment Round in Intertrust
Japanese green energy leader joins E.ON, Philips, Origin Energy and WiL in advancing secure, data-driven trusted distributed computing platform
JERA, Japan’s largest energy generator and global innovator, announced it has led an equity investment round in the Silicon Valley-based trusted distributed computing pioneer, Intertrust.
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“Intertrust is honored to partner with JERA as we enter our next growth phase”
At the heart of the JERA investment is a strategic partnership with Intertrust to develop a sophisticated digital energy management platform to help combat climate change and deliver clean energy. Robust, secure computing systems and IoT devices will all play an indispensable role in the clean energy transition. JERA and Intertrust will collaborate to address these mission-critical requirements by leveraging “Intertrust Platform™” for the deployment of secure energy systems.
“We are delighted to partner with and invest in Intertrust,” said Dr. Sami Ben Jamaa, JERA’s global chief information and digital officer. “JERA’s goal is to provide clean energy for the growing planet. We are looking forward to collaborating with Intertrust to deliver a revolutionary, new digital energy platform in which Intertrust technology will play a critical role.”
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“Intertrust is honored to partner with JERA as we enter our next growth phase,” said Dr. Talal G. Shamoon, Intertrust’s chief executive officer. “JERA is a bright star in a constellation of forward-thinking, strategic investors with a bold vision to use our technology to make the world better, cleaner and more energy efficient.”
Intertrust’s entry into the energy market began in 2016 when German major RWE invested in the company. Since then, Intertrust’s digital systems with secure distributed computing technology have helped global energy companies to harness the power of renewable energy, IoT-enabled power grids that deliver Internet efficiency to the deployment of a new smart infrastructure. Intertrust’s data-driven energy technologies enable operations and management of offshore wind farms, grid planning in the face of climate change, and most recently, a unique new product, Intertrust Home, that enables operators such as telcos to partner with energy companies to deliver clean, affordable energy to their customers.
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