Ledger. Australian venture funding, tracked

Company

Quinbrook

Coverage

Stories naming Quinbrook. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

4 deals

No customers: Plans for Townsville hydrogen project scrapped after failing to find buyers for the product

Edify Energy has shelved its Townsville green hydrogen plant for want of buyers, pivoting to solar and storage builds; governments are separately seeking repayment of hydrogen subsidies, including from Fortescue's closed Gladstone plant.

Also RenewEconomy·RenewEconomy·Mirage News

Funding announcement

“Time to come back:” Sunman unveils plans to make flexible solar panels in Australia

Solar pioneer Zhengrong Shi intends a Newcastle factory for frameless lightweight panels via Sunman's Energus subsidiary, eyeing federal programs; CEFC, Southern Cross Venture Partners and Softbank China are recalled as backers.

Exit / M&A

Sun Cable: Cannon-Brookes wins battle for world's biggest solar and battery project

A Grok Ventures-led consortium with Quinbrook has agreed to acquire Sun Cable out of administration, reviving plans to ship solar power to Singapore, after Andrew Forrest's side stayed out of the final bidding.

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