Corporate / CVC · 1 deal
Every published round Equinor took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| RayGen | Series C | 18 Oct 2021 | $55m | Participant | Startup Daily, @AuManufacturing, Breakthrough Victoria, RenewEconomy (Wed 3 Nov 2021), RenewEconomy (Mon 18 Oct 2021) |
Companies Equinor has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| RayGen | 18 Oct 2021, Series C | 1 | 0 |
Fund closes reported for Equinor, as distinct from the investments it has made.
Companies Equinor has backed that another company then bought. An exit for the holding, not a deal Equinor did.
Stories naming Equinor. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Offshore wind developer Oceanex Energy will shut down in 2026 after ending partnerships and abandoning Australian and New Zealand projects, with co-founder Andy Evans urging Australia to overcome risk aversion and execute renewables opportunities.
Also RenewEconomy
A rolling roundup of Australian energy-sector job moves, listing dozens of executives, directors and ministers joining or leaving utilities, regulators, developers and industry bodies between May and December 2023.
Mining major Rio Tinto has joined Bill Gates' fund and other industrial and cleantech backers in a US$198 million Series B for hydrogen electrolyser developer Electric Hydrogen; Fortescue's electrolyser investments are also noted.
Photon Energy has proposed a huge South Australian solar-plus-storage plant using RayGen's technology. The article also recalls RayGen's recent $55 million round backed by Chevron, Schlumberger, Equinor and Photon, plus AGL and ARENA support.
Also Breakthrough Victoria·RenewEconomy·Startup Daily·@AuManufacturing
RayGen's Series C reached $55 million with Equinor investing $9 million, joining Chevron, AGL, Photon Energy and Schlumberger, plus an ARENA grant, funding a Victorian storage project.
Also Breakthrough Victoria·RenewEconomy·Startup Daily·@AuManufacturing