“Excellent working with Progressive. I think the things that stand out are that they talk my language. We’ve hit every single deadline that we’ve had. So whether its producing partner billings, whether it is producing annual reports, monthly numbers, the system works. They didn’t just put the system in and then disappear. so they’ve been there helping us all along. 

Chris Johnson, Group Financial Controller, Storegga

About Storegga

With a portfolio of CCS and hydrogen projects in the United Kingdom, the United States and Norway, Storegga is advancing industrial decarbonisation in sectors such as manufacturing, power generation, distilling, chemicals and others. Storegga is developing the Acorn CCS and Cromarty Hydrogen projects in the UK, Trudvang CCS in Norway and Harvest Bend CCS in Louisiana.

Procurement and finance solutions for Storegga’s net-zero initiatives

Storegga is advancing a collection of net-zero infrastructure initiatives involving multiple partners. Among these initiatives is its role as the lead developer of the Acorn Carbon Capture and Storage (CCS) and Hydrogen Project located in northeast Scotland.

As its portfolio expands at a rapid pace, Storegga acknowledged the need for a robust solution to support its accounting, financial reporting, and procurement processes. This solution must also ensure the delivery of accurate and timely financial statements to its joint venture and investment partners.

To address these challenges, Storegga selected Progressive to implement Infor SunSystems, alongside HxGN EAM and Infor OS, as the foundation for its groundbreaking CO2 reduction and removal infrastructure.

Progressive can also configure HxGN EAM to include other features, such as Asset Maintenance, as Storegga’s operations develop.

Key features

  • Joint Venture Reporting 
  • Multi-country and multi-currency reporting
  • Automated cutback process 
  • Automation and administrative efficiency 
  • Mobile application access enabling financial approvals on the go

“The team at Progressive are excited to be contributing to these pioneering net zero projects. We have much experience supporting energy companies during periods of rapid growth through acquisitions and innovation, where there is need to quickly implement and consolidate subsidiary systems.  We are well placed to support Storegga on this journey.” 

Chris Walcot, CEO, Progressive TSL