Glex AS, Norway's leading developer of advanced portfolio integration platforms for energy companies, today announced a landmark strategic partnership with Gateway X (GWX), the investment arm of the Gateway Group of Companies. This collaboration positions Glex to become a global leader in energy portfolio management technology, combining its category-defining platform with Gateway Group's proven expertise in scaling technology ventures worldwide.

Under the agreement, GWX will invest strategic growth capital in Glex and acquire an initial minority stake. Beyond funding, Glex will gain access to Gateway Group's expansive ecosystem of digital engineering capabilities, operational excellence, and a robust global footprint across 40+ markets. The partnership will empower Glex to accelerate product development, enhance delivery capacity, and expand its international customer base.

There is growing interest in Glex’s portfolio integration platform from potential customers outside Norway and the potential in the global market is high. The GWX resources will be deployed to develop and adapt Glex’s web-based tools and data pipelines to ensure that the needs and expectations of customers are met quickly and efficiently. GWX and Glex will work strategically together to grow Glex’s presence internationally and open up market possibilities.

"This is a fantastic opportunity to scale our platform together with an experienced and capable partner in GWX," notes Glex CEO, Andrew McCann. "Gateway's co-founder approach gives us not just the investment, but the expertise, resources, and reach to bring our vision to life faster than we ever could alone. We are looking forward to putting our plans into action and demonstrating what we can bring to the market together."

"Glex perfectly exemplifies the kind of business we seek to empower-an ambitious team, a powerful technology platform, and deep domain expertise" said Alf Lande, CEO & Principal - Investments & Portfolio Affairs at GWX. "We look forward to partnering with Glex to unlock new possibilities in Norway and around the world."

KeyFacts Energy Industry Directory: Glex