Company
Every investor coverage indicates participated in a round Infigen raised.
The transaction that ended Infigen's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Iberdrola | Acquisition | 6 Aug 2020 | ~$900m | RenewEconomy (Fri 17 Dec 2021), RenewEconomy (Thu 15 Apr 2021), RenewEconomy (Thu 6 Aug 2020) |
Companies Infigen acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Len Gill | Independent Chairman | RenewEconomy |
Stories naming Infigen. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Sydney heat-battery startup Good Heat has raised over $2 million, led by Understorey Ventures with Investible and 2100VC, to replace gas-fired industrial heat with renewable-powered thermal storage, starting in Victoria.
HMC Capital's Energy Transition platform, chaired by Julia Gillard, is investing about $50 million for a controlling stake in Sydney battery storage developer Stor-Energy, its first platform investment.
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.
Skip Capital, owned by Atlassian co-founder Scott Farquhar and Kim Jackson, leads a conditional, non-binding bid with Stonepeak valuing Genex Power near $320 million; earlier stake-building and Stonepeak's renewables fund close are recalled.
Iberdrola has secured majority control of ASX-listed Infigen Energy after shareholders accepted its 92 cents-per-share offer, ending a bidding contest with Philippines-based UAC Energy's earlier proposal.
Also RenewEconomy·RenewEconomy
Spanish utility Iberdrola's increased bid for ASX-listed Infigen Energy values the takeover at about $893 million, after the Children's Fund sold a 13.1 per cent stake, outpacing a rival Philippine bid.
Iberdrola has lifted its takeover offer for ASX-listed Infigen Energy to 92 cents per share, valuing it at $893 million, after already securing shares including a 20 per cent stake bought from the Children's Investment Fund.
Iberdrola's contested bid for ASX-listed Infigen Energy gains foreign investment clearance and board endorsement, but shareholder acceptance remains outstanding, so no takeover is recorded as completed.
Windlab shareholders approved a Forrest-backed takeover led by Federation Asset Management and Squadron Energy, valuing the wind developer near $68 million, while Infigen urged caution over a $777 million bid from UPC and AC Energy.
Also RenewEconomy
Queensland's 2019 budget commits $250 million to its new state-owned generator CleanCo for renewable energy projects, alongside hydrogen export funding and leadership appointments drawn from the energy sector.
ARENA and AEMO announce grant-funded trials letting wind and solar farms submit their own short-term generation forecasts, with recipients including Vestas, Windlab, Industrial Monitoring and Control and Fulcrum 3D.
Japan's Sumitomo Corporation, through a wholly-owned subsidiary, has bought Perth-based solar installer and electricity retailer Infinite Energy, its first distributed energy acquisition globally, with existing management staying on.