Company
Battery developer
Sydney, NSW
Every investor coverage indicates participated in a round Stor-Energy raised.
The transaction that ended Stor-Energy'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 | - | RenewEconomy (30 Jun 2026), RenewEconomy (30 Jun 2026), RenewEconomy (9 Feb 2026), RenewEconomy (9 Feb 2026) |
Companies Stor-Energy acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Stor-Energy. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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.
HMC Capital's Energy Transition platform, chaired by Julia Gillard, is investing about $50 million for a controlling stake in Sydney battery storage developer Stor-Energy, its first platform investment.