Company
Every investor coverage indicates participated in a round Neoen raised.
The transaction that ended Neoen'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 |
|---|---|---|---|---|
| HMC Capital | Acquisition | 2024 | $950m | RenewEconomy (30 Jun 2026), RenewEconomy (9 Feb 2026) |
Companies Neoen 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 |
|---|---|---|
| Franck Woitiez | Head of the Australian Operations (former) | RenewEconomy |
Stories naming Neoen. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
The CEFC recounts a decade of project financing behind Australia's landmark grid batteries — DeGrussa, Hornsdale, Victorian Big Battery and Capital Battery — showing how early public capital helped storage reach mainstream markets.
ARENA awarded Luminous $4.9 million under its Solar ScaleUp Challenge to deploy its LUMI robot fleet at two Australian solar farms operated by Neoen and Engie.
KKR will invest up to $603 million in HMC Capital's energy transition arm, funding its first big battery, after HMC bought Neoen's Victorian assets and battery developer Stor-Energy.
Also RenewEconomy
HMC Capital has landed KKR backing of up to $603 million for its new energy platform, unlocking its first grid battery and a multi-gigawatt project pipeline.
Akaysha Energy has completed Ulinda Park in Queensland, its maiden grid-scale battery, while reporting its Waratah project remains at reduced output and that its Elaine development has secured project financing.
Also RenewEconomy
Canadian investor La Caisse has agreed to buy Australian solar and storage developer Edify Energy for $1.1 billion, aiming to fast-track two major hybrid projects, subject to regulatory approvals.
Also RenewEconomy
Akaysha Energy has $650 million from 11 banks and an EnergyAustralia offtake to build its Orana battery in NSW, which it calls the world's largest single-battery investment; BlackRock bought the company in 2022.
Origin's 300 MW Mortlake battery moves ahead with Fluence as EPC contractor, backed by up to $24 million from ARENA; five of eight projects under its funding round are now committed.
Battery firm Akaysha expects four-hour storage to become standard in Australia now that its Orana project has won a national underwriting auction; the piece also recalls BlackRock's 2022 acquisition of the company.
Exor and Impala are creating a holding company to put €300m into TagEnergy, the renewable developer whose projects include Australia's largest wind farm, which has also just raised €570 million in green bonds.
ARENA grants $1.43 million to Reactive Technologies for a Victorian trial of its real-time grid inertia measurement technology, with support from DEECA, AEMO, Neoen and the Melbourne Energy Institute.
A manufacturing roundup covering Hazer's R&D tax refund, Atomo's South African test supply deal, Acrow's asset purchase, PureFoods' product revenue, a solar farm completion, BlueScope's accelerator applications, and a drone modem launch.
Infradebt has reached first close on the capital raise for its Energy Transition Fund, backed by Grok Ventures and Jana, to lend to big batteries including Neoen's Capital Battery and Genex's Bouldercombe.
Renewable developer TagEnergy raised €450 million (A$660 million) from Impala, Mirova and Omnes, each putting in €150 million, to fund its 2.7GW wind and storage pipeline, mostly in Australia.