Full throttle for FleetPartners bidders, chequered flag on the horizon
Street Talk reports Pacific Equity Partners, Orix and Sumitomo are preparing binding final bids for FleetPartners in a UBS-run auction; no transaction has been agreed.
Company
Every investor coverage indicates participated in a round Sumitomo Corporation raised.
Companies Sumitomo Corporation acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Sumitomo Corporation. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Street Talk reports Pacific Equity Partners, Orix and Sumitomo are preparing binding final bids for FleetPartners in a UBS-run auction; no transaction has been agreed.
Wollongong energy storage venture Green Gravity has secured $9 million from HMC Capital, BlueScopeX, Pacific Channel and SCAP H to advance testing of its system that repurposes disused mineshafts for gravitational energy storage.
Also RenewEconomy
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.
Israeli green hydrogen startup H2Pro has closed a US$22 million Series A2 round led by Bill Gates' Breakthrough Energy Ventures alongside Breakthrough Energy Ventures Europe and IN Venture, backing its efficient water-splitting technology.