Investor · 1 deal
Company that sold the Yadnarie renewable energy facility to AGL
Every published round Photon Energy took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| RayGen | Series D+ | Apr 2025 | $127m | Participant | Startup Daily (23 Dec 2025), SmartCompany, Forbes Australia, Startup Daily (10 Apr 2025), RenewEconomy |
Companies Photon Energy has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| RayGen | Builds large-scale solar and thermal storage infrastructure | Apr 2025, Series D+ | 1 | 0 |
Fund closes reported for Photon Energy, as distinct from the investments it has made.
Companies Photon Energy has backed that another company then bought. An exit for the holding, not a deal Photon Energy did.
| Name | Role | Sources |
|---|---|---|
| Michael Gartner | Chief Technology Officer | RenewEconomy |
Stories naming Photon Energy. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Sydney-based CleanPeak Energy has agreed to buy Sustainable Energy Infrastructure's 27-project portfolio of solar and battery assets; the piece also recalls KKR's $550 million backing and CleanPeak's earlier purchase of Photon Energy's Australian assets.
Breakthrough Victoria's CEO reviews its 2024/25 year: growing capital base, strong co-investment leverage, portfolio milestones including Amber's $10m raise, first fellows awarded, and projected economic impact ahead.
RayGen has banked a $51 million Series D round backed by SLB and Breakthrough Victoria, and signed an expansion pact with SLB; ARENA previously granted it $10 million and $15 million.
Photon Energy has proposed a huge South Australian solar-plus-storage plant using RayGen's technology. The article also recalls RayGen's recent $55 million round backed by Chevron, Schlumberger, Equinor and Photon, plus AGL and ARENA support.