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.

HMC Capital has completed the acquisition of Neoen’s energy storage and renewables portfolio in Victoria, Australia.

Australia-based battery energy storage system (BESS) developer, owner and operator Stor-Energy has announced plans to build a 1,449MWh 8-hour duration BESS.

Australia-based battery energy storage system (BESS) developer, owner and operator Stor-Energy has received a strategic investment from HMC Capital, an ASX-listed asset manager.