Company · Energy
Membership-based electricity retailer supplying power at wholesale market prices
Every investor coverage indicates participated in a round Energy Locals raised.
The transaction that ended Energy Locals's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Origin Energy | Acquisition | 14 Nov 2025 | - | RenewEconomy (14 Nov 2025), RenewEconomy (14 Nov 2025) |
| Palisade Impact | Acquisition | 2024 | - | Forbes Australia, RenewEconomy (14 Nov 2025), RenewEconomy (14 Nov 2025) |
Companies Energy Locals 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 |
|---|---|---|
| Adrian Merrick | CEO · Founder | RenewEconomy (14 Nov 2025), RenewEconomy (14 Nov 2025) |
Stories naming Energy Locals. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Origin Energy is buying Energy Locals, the membership-based power retailer founded to disrupt Australia's major gentailers. Its current owners, a consortium led by Palisade Impact, purchased it from Quinbrook about a year ago.
RenewEconomy profiles Komo Energy's community-backed Grong Grong solar farm as it starts feeding the grid, recounting its crowdfunding and government grant support, battery plans, and lessons on networks and shared ownership for small developers.
Opinion piece on Meridian Energy's agreed sale of Powershop to Shell and Infrastructure Capital Group, arguing the deal breaks brand promises and is driving customers to rival energy retailers.
Shell's takeover of Powershop from Meridian Energy has upset green-minded customers; Environment Victoria cut ties, while renewable-focused retailers reported sign-up surges as defectors shop elsewhere.
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