SkySpecs acquires Fincovi and Vertikal AI

SkySpecs acquires Fincovi and Vertikal AI to develop cutting-edge technologies for the wind energy sector and industry. In particular, this involves robotization, automation and the use of new technologies for wind farm assets.

Share:

SkySpecs acquires Fincovi and Vertikal AI to develop cutting-edge technologies for the wind energy sector and industry. In particular, this involves robotization, automation and the use of new technologies for wind farm assets.

SkySpecs, Fincovi, Vertikal Al to modernize assets

SkySpecs, a world leader in wind turbine technology, has become the owner of two well-known companies. Vertikal Al is a pioneer in the implementation of Artificial Intelligence (AI) for the operation and maintenance of wind farm assets. Fincovi aims to make renewable energies the best managed and most sustainable real asset class.

“There is an incredible opportunity to integrate operating data with financial data to provide better insight into asset investment,” testifies Ray O’Neill, CEO of Fincovi.

These companies combine the information and technologies needed for optimal asset management in the clean energy sector. SkySpecs automates maintenance operations, Fincovi predicts risks and returns, and Vertikal provides advanced asset monitoring. In the long term, this collaboration will ensure lasting benefits for owners.

Automation and robotization in the wind power industry

The automated robotics developed by SkySpecs have already enabled it to automate large-scale wind turbine operations and maintenance. SkySpecs’ aim is to implement new technological innovations. Vertikal Al, for example, is developing robotic predictive analysis software for the rapid detection of faults and other malfunctions.

“Joining SkySpecs will enable us to deliver our predictive maintenance software to market – on a large scale – for maximum performance impact with wind power producers,” adds Allan Larsen, CEO of Vertikal.

The modernization of the wind power industry also involves the deployment of autonomous drones across wind farms. Drone inspection cuts the cost of a traditional manual inspection by 40%. Results can be achieved in just a few days, whereas it usually takes several weeks.

This technology will become essential for offshore wind farms, where maintenance and inspection operations remain complex. A recently published report forecasts the growth of the drone market in the renewable energy industry. SkySpecs is already one of the emerging players in this industry, thanks to its innovative wind turbine technologies.

SkySpecs
SkySpecs wind turbine inspection drone (Source: SkySpecs).

New spearhead: predictive information and data management

Owners of wind power assets are looking to maximize their returns, while minimizing their expenses. To achieve this, SkySpecs aims to use data automation to generate profitability. In addition to increasing total production potential, these systems also extend asset life.

“Our global customers face critical challenges in budgeting and maximizing the lifespan and return on their assets,” explains Danny Ellis CEO of SkySpecs.

Predictive and automated information must enable asset owners to have a global vision of their operations. Finally, automation and robotization of wind turbines appear to be viable solutions to support the rapid modernization of the wind power sector.

SkySpecs supports the modernization of its customers’ wind power assets

SkySpecs already operates in 26 different countries. The group now has offices in Ann Arbor Mi (USA), Amsterdam (Netherlands), Dublin (Ireland), Vejle (Denmark), and Hyderabad (India). SkySpecs customers include wind farm owners, operators and OEMs.

“Collectively, we’ll help wind farm owners and operators to invest in, maintain and manage the world’s best-performing wind assets,” says SkySpecs’ CEO.

Owners need to ensure the long-term sustainability and profitability of their wind farm assets. Yet as the wind industry grows and modernizes, many components are aging prematurely. SkySpecs is thus establishing itself in a market of the future, where demand is likely to increase significantly and prematurely.

Iberdrola strengthens its financial position with a new five-year credit facility, signed with 32 banks, to support investments in power grids and renewable energy, particularly in the United States.
Kinder Morgan, Inc. reports strong financial results for the second quarter of 2025, with net profit up 24% and a project backlog boosted by major new investments in natural gas transportation.
CenterPoint Energy remains vigilant as Invest 93L approaches, deploying emergency plans and pursuing upgrades to its electrical infrastructure across the Greater Houston area.
The Georgia Public Service Commission approves the 2025 Integrated Resource Plan, which includes major investments in generation, storage and the grid to address the strong rise in electricity demand.
Norwegian industrial group Aker ASA achieved a strong surge in its share price in the first half, expanded its diversification into real estate, and executed major transactions despite global energy market volatility.
ADNOC announces the transfer of 24.9% of its shares in OMV to its subsidiary XRG, continuing the streamlining of its international assets and preparing the creation of Borouge Group International.
The SMI China Forum brings together international and Chinese leaders for dialogue on supply chains, investment and energy innovation, marking a major step in public-private sector cooperation.
Mining group BHP sees low-emission iron production in Australia as unprofitable, just as Canberra and Beijing announce closer cooperation to decarbonise the global steel industry.
Aker Carbon Capture distributed $162mn in dividends to its shareholders, a direct consequence of significant asset disposals and a substantial restructuring of its balance sheet in the second quarter of 2025.
Equinor ASA acquired 2.1 mn of its own shares on the Oslo Stock Exchange for a total of $201 mn between July 7 and 11, continuing the second phase of its 2025 buyback programme.
Norwegian group Aker Horizons transfers all its activities to a subsidiary of Aker ASA, sells major assets and prepares its new strategy after a half-year net loss of $220mn.
South Texas Electric Cooperative is seeking proposals for the acquisition or purchase of energy for 500 MW of dispatchable capacity, aiming to strengthen long-term supply security in the ERCOT region.
A federal funding package of $16mn aims to accelerate grid modernisation, renewable energy development and carbon capture in Canada’s Maritime provinces.
RTE and Nexans announce the creation of a recycling chain dedicated to aluminium from electrical cables, targeting 600 tonnes annually and covering the entire industrial cycle from collection to production.
Three scientists from China, the United States and Russia are laureates of the 2025 Global Energy Prize, honoured for their work on high-voltage power lines, fuel-cell catalysts and pulsed energy technologies.
Rio Tinto’s new CEO inherits a significant stock market discount and will need to overcome major regulatory, operational, and financial hurdles to swiftly restore the company's appeal to international investors, according to a Wood Mackenzie analysis.
Westbridge Renewable Energy enters digital infrastructure market with Fontus, a 380 MW data centre campus in Colorado, positioned to meet strong growth in US cloud and artificial intelligence services.
Offshore drilling company Borr Drilling Limited announced the completion of an initial tranche issuance of 30 million ordinary shares out of the planned 50 million, raising $61.5mn towards the total goal of $102.5mn.
EDF announces a new internal organization with key executive appointments to enhance decision-making efficiency and expedite the revival of nuclear and hydroelectric projects central to its industrial strategy.
Rubis announces half-year results of its liquidity agreement managed by Exane BNP Paribas, totalling 241,328 shares exchanged for an aggregate amount of €6.5mn in the first half of 2025.