Company · Energy
Every investor coverage indicates participated in a round Snowy Hydro raised.
Companies Snowy Hydro acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Snowy Hydro. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Competition regulator approval lets Swiss trading giant Gunvor proceed with buying Zen Energy's retail arm and power purchase agreements; terms undisclosed. Article weighs whether the newcomer will challenge Australia's dominant gen-tailers.
The competition regulator has cleared Swiss trader Gunvor to buy Zen Energy's retail arm and linked PPAs; terms undisclosed. The article asks whether the deep-pocketed newcomer will challenge Australia's big three gen-tailers.
Akaysha Energy has completed Ulinda Park in Queensland, its maiden grid-scale battery, while reporting its Waratah project remains at reduced output and that its Elaine development has secured project financing.
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.
Billionaire Mike Cannon-Brookes, via a Grok-linked joint venture with Quinbrook, has completed the buyout of SunCable out of administration; the article also recalls earlier raises and names an interim CEO.
Also RenewEconomy·Startup Daily·@AuManufacturing·Startup Daily·@AuManufacturing·@AuManufacturing
Atlassian's cofounder, through his family firm Grok Ventures, has extended a $65 million interest-free loan to administrator-run Sun Cable, which is up for sale after a founder split; Grok earlier co-led its $210 million Series B.
ARENA grants $1.5 million toward a $3 million feasibility study led by Port of Newcastle and Green Investment Group into a 40 MW renewable hydrogen hub, with several project partners, and recalls earlier funding for Stanwell.
Also @AuManufacturing
The federal government announced a $30 million grant for Andrew Forrest-backed Squadron Energy's Port Kembla power station, which its backer says will switch fully to green hydrogen by 2030.
Opinion piece by Hydrostor and Energy Estate executives arguing compressed air storage can serve Australia's grid, citing Hydrostor's financing round with Meridiam, its Broken Hill project, and overseas storage investments.
Brisbane software firm RedEye closed a Series B led by US investor Energy Innovation Capital with Queensland government backing; separately, Athena completed a Square Peg-led Series B with Airtree and Hostplus.
Also Australian FinTech·SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily