Startup · $108m raised
Wesley Vale, TAS
Every investor coverage indicates participated in a round Countrywide Hydrogen raised.
| Investor | Rounds | Invested |
|---|---|---|
| Tasmanian Government | Grant | $8,000,000 |
Companies Countrywide Hydrogen acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Geoff Drucker | Managing Director | RenewEconomy |
| Boyd White | Executive Chair (former) | RenewEconomy |
Stories naming Countrywide Hydrogen. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Tasmania will pay ReNu Energy as much as $8m toward its green hydrogen project, with payments tied to hydrogen delivered to customers and a final investment decision due by September 2025.
Roundup of Australian manufacturing updates: Sparc Hydrogen's R&D tax refund, executive appointments at Lockheed Martin Australia, Wellnex Life and Raytheon, a ReNu Energy power purchase deal, and BlueScope joining a low-carbon research centre.
Tasmania's government has signed an $8 million agreement with ReNu Energy subsidiary Countrywide Hydrogen to back green hydrogen production and heavy transport refuelling through per-kilogram payments under a price reduction scheme.
Also RenewEconomy
News roundup covering Atomo Diagnostics' committed share placement, Tivan's port agreement, KBR's reconciliation plan, Elexon's innovation award, ReNu Energy's hydrogen refuelling brand and EQ Resources' new ore sorter.
Tasmanian company Line Hydrogen has won approval for its George Town hydrogen facility, targeting production by year's end, with a $5.5 million federal grant and a planned London SPAC listing.
Green hydrogen developer Countrywide Hydrogen has lined up haulage firm 7R Logistics as a potential inaugural customer; the article also recalls HESTA's $100m investment.
Also RenewEconomy
News roundup: EMVision receives a $2.5 million NSW medical devices grant, ADDE appoints a liquidator, DroneShield wins an order, SciDev and Q-CTRL name executives, and ReNu Energy signs a non-binding term sheet with HESTA.
Also @AuManufacturing