Ledger. Australian venture funding, tracked

Company

Gunvor

Swiss-based commodities trader

Coverage

Stories naming Gunvor. 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

Funding announcement

Swiss commodity trader gets approval to buy Zen retail business and PPA deals. Will it take on Big 3?

Competition regulator approval lets Swiss trading giant Gunvor proceed with buying Zen Energy's retail arm and power purchase agreements; terms undisclosed. Article weighs whether the newcomer will challenge Australia's dominant gen-tailers.

Funding announcement

Swiss commodity trader gets approval to buy Zen retail business and PPA deals. Will it take on Big 3?

The competition regulator has cleared Swiss trader Gunvor to buy Zen Energy's retail arm and linked PPAs; terms undisclosed. The article asks whether the deep-pocketed newcomer will challenge Australia's big three gen-tailers.

Unnamed stage $43m

Zen says sale talks progressing well, all parties “deeply and strategically aligned” on renewables

Zen Energy says its sale process is advancing with a preferred bidder amid reports naming Gunvor; the piece also recaps HDRE's stake purchase and Zen's financial losses.

Also RenewEconomy·RenewEconomy·RenewEconomy

Something wrong? Tell us