Arda Energy is a green-tech company that supplies systems for the production of green hydrogen from biogas. For the development of the company towards a global customer and financial market, capital and professionalism are important. In connection with financing rounds, Unlisted has become a key tool to ensure overview, control and simplification of the processes.
The company was started in 2016 by Kjell Husabø and two co-founders, and is now ready to market production systems for the production of green hydrogen that compete with the price of blue hydrogen. The company has offices in Stavanger and is in the process of securing agreements with customers and partners in Europe for deliveries. Arda technology will have a positive impact on energy access and security and climate. Husabø, with a background from Equinor, Shell and Siemens Energy, serves as commercial manager.
The ownership of Arda includes Wallinor (40%), two other family offices, a former lender that converted to shares, and the founders themselves. The company has also established option programs for employees and the chairman, with ambitions to expand this in the future.
– "We knew we needed a good system for ownership structure and agreements before Serie A. That's why we started the dialogue with Unlisted," says Husabø.
Before Unlisted, information about ownership and options was stored in separate systems and various Excel files. – "It didn't give a good picture of the structure. When we are going to present ourselves to investors, it is important to have something professional and clear."
The company spent a lot of time on manual updating and documentation, which significantly reduced efficiency. With Unlisted, the information is available and up-to-date at all times. – "After a short training, it was very easy to use the portal. As an entrepreneur, you have little time – this saves us a lot."
With the option program integrated into Unlisted, the company has a clear incentive system for employees and management. – "It is motivating for employees to be able to see the development in the value of their options. It is an extra carrot on top of salary."
Unlisted also provides flexibility in access control and easy sharing of information to investors and employees. This has become especially important in the run-up to Serie A.
Arda Energy has had close dialogue with Fredrik at Unlisted since before onboarding, and Husabø emphasizes that the expertise Unlisted brings is as important as the tool itself. – "They have helped us with option agreements, shareholder agreements and assessment of what is the right value at different times."
He adds that many entrepreneurs learn ownership structure and legal requirements the hard way. – "You have to be an acrobat to handle everything. Here Unlisted has given us both security and insight."
With Unlisted, Arda Energy has achieved:
When Arda enters Serie A, Unlisted will play a key role in the due diligence process. – "We can quickly demonstrate a structured and updated ownership structure. This gives confidence to investors."
Husabø recommends Unlisted to other companies in the same situation. – "The portal is clear, easy to use, and most importantly: the expertise in the team is indispensable. This is Norway's leading company in developing ownership structures and option programs."
