Energy Storage News•about 1 month ago
ANZA Power secures US$300 million from I Squared for Australia-New Zealand portfolio
Key Takeaway
A major global investor is injecting significant capital into a new IPP focused on Australia and New Zealand, signaling growth and new opportunities in the region's power sector, likely with a focus on next-generation technologies like storage.
AI Summary
- •I Squared Capital has launched ANZA Power, a new Independent Power Producer (IPP) focused on the Australia and New Zealand markets.
- •ANZA Power has secured US$300 million in funding from I Squared Capital to develop its portfolio.
- •This significant investment signals increased development activity and potential competition in the Australia/New Zealand power sector, creating new opportunities for developers and future supply options for large power consumers.
Topics
financingm&astorage