Alan Yu: Ledger

Role	Organisation	Sources
Founder	Providence Asset Group	RenewEconomy (Wed 7 Oct 2020), RenewEconomy (Tue 6 Oct 2020)
Director (former)	Evergen	RenewEconomy (Wed 7 Oct 2020), RenewEconomy (Tue 6 Oct 2020)
CEO	LAVO	@AuManufacturing (Mon 31 Jan 2022), RenewEconomy (Fri 28 Jan 2022), @AuManufacturing (Wed 10 Mar 2021), @AuManufacturing (Tue 16 Feb 2021), RenewEconomy (Mon 25 Jan 2021)

Coverage

Stories naming Alan Yu. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

2 deals

NSW tips $5m into Australian hydrogen storage tech to accelerate commercialisation

NSW government grants hydrogen storage startup Lavo $5 million to build a Hunter region manufacturing facility, with the article recalling Gowing Bros' earlier equity stake and unit order.

RenewEconomy Fri 28 Jan 2022 LAVO UNSW Sydney Gowings Bros NSW Government Alan Yu Paul Toole

Also RenewEconomy·@AuManufacturing·RenewEconomy

Key hire

GHD Group becomes cornerstone investor in Lavo

GHD Group is set to take a cornerstone stake in hydrogen storage maker Lavo as part of its Series A raise in progress; GHD's finance chief will also join Lavo's board.

@AuManufacturing Wed 10 Mar 2021 GHD Gowings Bros LAVO Providence Asset Group UNSW Sydney Alan Yu Phillip Bradley

Grant

Lavo to make hydrogen electrolysers in Queensland

Hydrogen tech maker Lavo and JV partner Nedstack will build a factory near Brisbane, reportedly costing $20 million and supported by an Advanced Manufacturing Growth Centre grant, with production planned for late 2021.

@AuManufacturing Tue 16 Feb 2021 LAVO Ampcontrol Design + Industry Evergen GHD Nedstack Australia Varley Holdings Advanced Manufacturing Growth Centre Alan Yu

Unnamed stage

Home hydrogen storage start-up lands equity investor – and major battery order

Listed investor Gowing Bros has taken an equity stake in hydrogen storage maker Lavo and ordered over 200 of its units for its properties; Providence Asset Group was an earlier backer.

RenewEconomy Mon 25 Jan 2021 LAVO Hydrogen Energy Research Centre Providence Asset Group UNSW Sydney Gowings Bros Alan Yu John Gowing

Also RenewEconomy

Unnamed stage $3m

Providence takes stake in Evergen in potential hydrogen battery deal

Providence Asset Group has bought a $3 million stake in energy software firm Evergen, joining AMP Capital and Artesian as leading shareholders; co-founder Alan Yu joins the board and further investment is planned.

RenewEconomy Tue 6 Oct 2020 Evergen AMP Capital Artesian VC Hydrogen Energy Research Centre University of NSW Providence Asset Group Alan Yu Ben Hutt

Also RenewEconomy·RenewEconomy