Ledger. Australian venture funding, tracked

Company

Australian Energy Regulator

Coverage

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

Exit / M&A

Zen Energy sinks despite 11th-hour rescue efforts, blaming volatile market as banks and networks get cold feet

Renewable utility Zen Energy has entered voluntary administration despite regulators clearing Gunvor to buy its retail business; McGrathNicol is administrator and customers moved to AGL.

Also RenewEconomy·RenewEconomy·RenewEconomy

Seed $1m

Energy retailer behind shared renewables collective collapses amid fresh market turmoil

RenewEconomy reports renewables retailer Maximum Energy, trading as Circular Energy, was suspended and wound up, its customers moved to big-three retailers; it also recalls earlier retailer collapses and Oxamii's seed backing.

Key hire

Grid Connections: Who’s going where in Australia’s energy transition

A rolling roundup of Australian energy-sector job moves, listing dozens of executives, directors and ministers joining or leaving utilities, regulators, developers and industry bodies between May and December 2023.

Exit / M&A

Two more retailers collapse under the weight of inflated coal and gas prices

Two small electricity retailers, Mojo Power and QEnergy, have been wound up by a Queensland court and suspended from the national market, with regulators transferring thousands of their customers to other providers.

Also RenewEconomy

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