Australia’s MGA Thermal has secured AU$17 million (US$12 million) in new investment for its long-duration thermal energy storage technology as it enters the commercial scale-up phase.
Contact Energy plans to raise NZ$525 million (US$316 million) in equity funding to fast-track its Contact31+ strategy for its renewable energy and storage pipeline in New Zealand.
Energy infrastructure platform Revera Energy has completed an expanded US$150 million credit facility to accelerate development and construction of its battery storage, solar, and green hydrogen project pipeline across Australia and the UK.
Global investment firm KKR has announced a strategic partnership with HMC Capital, committing up to AU$603 million (US$423 million) to HMC’s Energy Transition Platform as Australia accelerates its renewable energy deployment and grid modernisation efforts.
Three Chinese energy storage companies have recently successively filed or updated their listing applications with the Hong Kong Stock Exchange (HKEX), planning IPOs on the Hong Kong Main Board.