Ledger.

Company

Zenith Energy

Coverage

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

Unnamed stage

PEP buys 30% of Grok Ventures-backed Energy Bay

Pacific Equity Partners has agreed to take a 30 percent stake in Australian on-site renewables firm Energy Bay, mainly via new shares; existing backers include Skip Capital, Grok Ventures and Soletto. Value undisclosed.

Also This Week in Australian Startups

2 deals

Rinehart-backed lithium and rare earths projects rake in more than $1 billion in federal funding

Canberra announces up to $840m for Arafura's Northern Territory rare earths project, while Liontown secures $550m in bank debt for its Kathleen Valley mine, with CEFC and Export Finance Australia among lenders.

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