HCLTech Partners with Neste for Long-Term AI-Led IT Efficiency Transformation
HCL Technologies has been named Neste's strategic partner to lead a long-term AI-driven IT transformation, encompassing service consolidation and operational efficiency as part of Neste's company-wide performance improvement program. Neste, the world's leading renewable diesel and SAF producer with EUR 19.0 billion in revenue, aims to strengthen its core renewables business, while HCLTech brings global expertise across 60 countries with $14.7 billion in consolidated revenues.

*this image is generated using AI for illustrative purposes only.
HCL Technologies Limited has been selected as a strategic partner by Neste to drive a long-term AI-led efficiency transformation. The partnership is part of Neste's company-wide performance improvement program designed to make the company operationally stronger and strategically more focused for growth in its core renewables business. HCLTech will drive IT service consolidation, boost efficiency, and build an agile, scalable technology capability for the global energy producer.
As part of the agreement, Neste will utilize HCLTech's scale and deep technical expertise in areas directly related to its core business competencies. The initial priority for the partnership is to drive efficiency and maintain business continuity while establishing a solid foundation for long-term collaboration. This initiative is intended to support Neste's strategic goals and deliver business operational excellence.
Leadership Perspectives
Eeva Sipilä, CFO at Neste, stated that the partnership plays a key role in strengthening core IT capabilities as part of ongoing efforts to improve performance and simplify the IT landscape. Ajay Bahl, Chief Growth Officer, Energy and Manufacturing at HCLTech, emphasized that the step strengthens IT service delivery and supports a more efficient operating model aligned with the changing needs of the global energy sector.
Key Partnership Details
The following table outlines the core aspects of the strategic collaboration between HCLTech and Neste:
| Aspect: | Details |
|---|---|
| Partner | Neste |
| Objective | Long-term AI-led efficiency transformation |
| Key Actions | IT service consolidation, efficiency boost, agile tech capability |
| Strategic Focus | Growth in core renewables business |
About the Companies
Neste is the world's leading producer of renewable diesel and sustainable aviation fuel (SAF), with production on three continents. The company's renewables production capacity is expected to reach 6.8 million tons annually in 2027, and its revenue stood at EUR 19.0 billion in 2025. HCLTech is a global technology company with over 227,000 people across 60 countries, delivering capabilities centered around AI, digital, engineering, cloud, and software. Consolidated revenues as of 12 months ending March 2026 totaled $14.7 billion.
Historical Stock Returns for HCL Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.19% | -5.67% | -5.44% | -34.27% | -34.94% | +11.22% |
What specific AI-led efficiency gains does Neste expect to achieve within the first year of the partnership?
How will this IT consolidation impact Neste's operational costs and resource allocation in the short term?
Could this strategic partnership serve as a blueprint for other global energy producers looking to modernize their IT infrastructure?

































