(Stavanger/Bergen, 10 October 2025) Using artificial intelligence, smart sensors and demand management, businesses now have the opportunity to significantly reduce energy consumption and costs, without large one-off investments and the use of time for manual follow-up.

“Noova Energy Systems combines energy with insight and control. Through Energy Control, we put on active governance and regulation. This creates significant customer value, and it's almost startling that it hasn't been done in the past,” says Even Gjesdal, CEO of Noova Energy Systems.

“Tomorrow's energy companies must be able to do more than deliver kilowatt-hours. Customers demand insight, management and proven cuts in both costs and emissions. They want technology that enables smart use of energy, automatically and with immediate effect,” he continues.

Upon acquisition, Energy Control becomes part of the Noova Group, but continues as its own AS and brand. Entrepreneur and general manager Tommy Hagenes sold all the shares in the company to Noova, but gave away 16 per cent to four close partners.

“This is a reward for key employees and a way to ensure further motivation in the team. Pricing has not been the most important thing, but the process has been good and I find that the valuation of both Energy Control and Noova is fair. I will be one of the largest shareholders in Noova, and I am very motivated for the way forward,” says Hagenes, adding:

“Since our inception, we have created technology that is at the forefront. We have proven that existing buildings can halve energy use with smart demand management, while at the same time getting a better indoor climate. In Noova we get a partner who shares our vision and complements us perfectly. Now we can scale the business further, reach new markets and further improve how energy is managed.

Both companies are taking major and strategic steps towards fulfilling their own growth ambitions.
“It is rare to find a partner where the technological rationality matches so well. Together we will create a technology group that responds to the market's need for value-added products and services,” Gjesdal concludes.

About Noova Energy Systems
Noova Energy Systems was established in 2005 and is a leading provider of energy management systems for the business sector. The company delivers energy and technology that provides full insights into consumption, costs and environmental impact in real time. Noova customers can experience energy reduction of up to 75 percent, without compromising quality or comfort. The company is established in Norway, Sweden and Finland, with headquarters in Stavanger and regional offices in Oslo, Trondheim, Bergen and Stockholm.
A consortium comprising Havn Capital, Shell Ventures and Swen Capital Partners owns approximately 44 percent of the shares. The rest of the shares are owned by entrepreneurs and employees.


About Energy Control
Energy Control is a Bergen-based technology company established in 2021, specialized in the management of heating and ventilation. Energy Control can show documented cuts in energy consumption and energy costs of over 50 percent. The company has developed the AI-powered energy advisor “EC Tjommi” and in a short period of time has built a strong customer base among both public and private real estate players.

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