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Investor · 1 deal

Worley

Coverage

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

Venture debt $340m+

Major new player signs contracts for first big battery project as it aims for 6 GWh of storage by 2030

Ampyr has locked in bank debt above A$340m, a Zen Energy virtual offtake and Fluence as battery supplier for its first large battery in NSW, with a 6 GWh storage goal for 2030.

4 deals

Four Aussie startups that raised $22.2 million this week

Roundup of four Australian raises: MagnaTerra formed from a CSIRO merger, Mobile Tyre Shop backed by Sailun, Coinstash's Series A, and MogoPlus funded by New Model Venture Capital.

Also Startup Daily·Australian FinTech·Startup Daily·SmartCompany

Key hire

SunCable poaches solar and gas industry execs to lead baseload renewables project

SunCable appoints two industry executives — Cameron Garnsworthy as Australian managing director and Martin Hay as chief development officer — to drive the onshore component of its Northern Territory baseload solar and storage project.

Unnamed stage $5m

CEFC makes first hydrogen-related investment, alongside lead investor IP Group

Electrolyser developer Hysata has raised $5 million, led by IP Group with a $750,000 commitment from the CEFC through its Clean Energy Innovation Fund, to commercialise technology developed at the University of Wollongong.

Also RenewEconomy·@AuManufacturing·RenewEconomy·@AuManufacturing·@AuManufacturing·@AuManufacturing·@AuManufacturing

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