HData and Alabama Power Announce Business Intelligence Partnership
/Alabama Power to deploy HData’s energy regulatory data platform enterprise-wide and partner to develop new regulatory business intelligence solutions.
Birmingham, Alabama, December 8, 2021 — HData, an early-stage RegTech startup delivering automated compliance and instant business intelligence to the U.S. regulated energy industry, has announced a strategic partnership with Alabama Power Company.
The announcement was made at the Techstars Alabama EnergyTech Accelerator’s Demo Day 2021. The event celebrated the completion of a three-month startup accelerator program, sponsored by Alabama Power, in which HData was one of nine companies selected to participate from across the U.S. and Canada. HData’s platform uses regulatory data to automate compliance and business intelligence for electric utilities, gas companies, and oil pipelines.
“Alabama Power is committed to deploying technological innovation to better serve our customers and elevate the state,” said Alabama Power Assistant Treasurer Chris Blake. “Our support for the Techstars Alabama EnergyTech Accelerator and our partnership with HData exemplify that commitment. HData digitally transforms the way we interact with certain regulatory data, providing better insight and creating a holistic view of our industry.”