Akaysha Energy

Congratulations to the EnergyCo team! We are excited to be your partner in delivering the Waratah Super Battery.

A great honour for Andrew Wegman, our Managing Director of Finance & Investments, collecting the APAC Battery Deal of the Year at the prestigious PFI Awards held in London last week! 🎉 This recognition comes after successfully raising over A$725 million for our 415MW/1.66GWh Orana Battery Energy Storage System in NSW, the largest BESS financing globally, together with Australia’s largest virtual offtake contract with EnergyAustralia. We are tremendously grateful to our super-charged team, our financiers, including ANZ, BNP Paribas, Commonwealth Bank, CIBC, DBS Bank, ING, Mizuho Investment & Corporate Banking, Rabobank, Siemens Financial Services, Sumitomo Mitsui Banking Corporation – SMBC Group, Westpac and our advisors Azure Capital, Ashurst, Allens and King & Wood Mallesons. Together, we are driving the future of energy! Read more about our collective achievement here: PFI Awards Winners Announced https://lnkd.in/gstF6t93 #AkayshaEnergy #PFIAwards #BatteryDealOfTheYear #RenewableEnergy #EnergyAustralia #Innovation #ProjectFinancing

Today we announced a landmark long-term Offtake Agreement with Gunvor Group, for our large-scale BESS in Brendale, QLD. This deal is the first time that Gunvor Group, one of the world's largest independent commodities trading houses, has entered into a battery deal, signalling the maturing of the asset class. This risk-hedging offtake product, known as a Battery Revenue Swap Agreement, highlights the growing sophistication of financial products Akaysha is developing with our partners. The Brendale BESS, with a capacity of 205MW / 410 MWh, will commence operations by early-to-mid 2026. Great progress already with Consolidated Power Projects and Tesla Energy 👉 https://lnkd.in/g4EyAvTK

Akaysha Energy is looking for a dynamic Marketing Associate to help us power the next phase of our growth. Could it be you? Apply now https://lnkd.in/gsKtYHew

We are excited to be presenting at this year's Climate Investor Forum, where Andrew Wegman our Chief Financial & Investment Officer and Managing Director, will showcase the essential role of mega-scale batteries in the energy transition. Our session will highlight the big opportunities in BESS, our strategic market position, and the essential role we play in driving investment, innovation and energy reliability. Join us at ‘The Network Event We Have to Have’ and connect with us on stage. Get tickets here https://lnkd.in/en8ntCNj..

Wow We are excited to announce that Akaysha Energy's Orana BESS has been awarded the APAC Battery Deal of the Year at the prestigious PFI Awards! 🎉 This recognition comes after successfully raising over A$725 million for our 415MW/1.66GWh Orana Battery Energy Storage System in NSW, the largest BESS financing globally, together with Australia’s largest virtual offtake contract with EnergyAustralia. Hailed as a template for future offtake agreements in the booming global battery sector, our innovative ‘virtual toll’ agreement with EnergyAustralia allows for a notional charging and discharging of 200MW of virtual capacity. With commercial operations expected in 2026, the Orana project demonstrates our commitment to delivering mega-scale energy storage solutions in Australia. A massive thank you to our financiers, including ANZ, BNP Paribas, Commonwealth Bank, CIBC, DBS Bank, ING, Mizuho, Rabobank, Siemens Financial Services, Sumitomo Mitsui Banking Corporation – SMBC Group, and Westpac, our advisors Azure Capital, Ashurst, Allens, King & Wood Mallesons, and our super-charged Akaysha Energy team. Together, we are driving the future of energy! Read more about our collective achievement here: PFI Awards Winners Announced https://lnkd.in/gstF6t93 #AkayshaEnergy #PFIAwards #BatteryDealOfTheYear #RenewableEnergy #EnergyAustralia #Innovation #ProjectFinancing

Wow We are excited to announce that Akaysha Energy's Orana BESS has been awarded the APAC Battery Deal of the Year at the prestigious PFI Awards! 🎉 This recognition comes after successfully raising over A$725 million for our 415MW/1.66GWh Orana Battery Energy Storage System in NSW, the largest BESS financing globally, together with Australia’s largest virtual offtake contract with EnergyAustralia. Hailed as a template for future offtake agreements in the booming global battery sector, our innovative ‘virtual toll’ agreement with EnergyAustralia allows for a notional charging and discharging of 200MW of virtual capacity. With commercial operations expected in 2026, the Orana project demonstrates our commitment to delivering mega-scale energy storage solutions in Australia. A massive thank you to our financiers, including ANZ, BNP Paribas, Commonwealth Bank, CIBC, DBS Bank, ING, Mizuho, Rabobank, Siemens Financial Services, Sumitomo Mitsui Banking Corporation – SMBC Group, and Westpac, our advisors Azure Capital, Ashurst, Allens, King & Wood Mallesons, and our super-charged Akaysha Energy team. Together, we are driving the future of energy! Read more about our collective achievement here: PFI Awards Winners Announced https://lnkd.in/gstF6t93 #AkayshaEnergy #PFIAwards #BatteryDealOfTheYear #RenewableEnergy #EnergyAustralia #Innovation #ProjectFinancing

What a year for Akaysha Energy! Could not have imagined that we would have achieved so much in such a short time if I look back to the start of 2024. The company is only 3.5 years old and 2.5 years since BlackRock enabled our capital growth.... It has been an insane amount of work for many folks - time for a rest... Massive thanks to all our staff and key partners for helping us achieve this in 2024. Believe it or not, 2025 is looking significantly bigger for Akaysha Energy than 2024 in terms of Flexible Storage MWs in the NEM, ERCOT (and other markets), projects, capital raising and deployment, people, and growth with some incredible milestones hurtling towards us. Please rest up, stay safe and best wishes to you and your families for 2025. 🔋 🔋 🔋 🙏 🫶

As we approach the end of another remarkable year, it’s time to reflect on our journey and recharge our batteries — both literally and metaphorically! At Akaysha Energy, we’ve made significant strides advancing the world’s most powerful energy storage solutions, thanks to the incredible support of our partners, customers, and communities BlackRock, EnergyCo, EnergyAustralia, Powin, Tesla Energy, Hitachi Energy, Consolidated Power Projects, Wilson Transformer Company, AEMO Services, Transgrid, Powerlink Queensland, Quanta Services Australia, Smarter Power Solutions, Aurecon, PSC Consulting, WSP, Ashurst, Allens, DLA Piper and many more. Our big wins this year include: ⚡ Safely reaching a total of 1.65GW across four mega-scale battery energy storage solutions in construction, ⚡ Expanding Akaysha's US footprint with two projects progressing well in Texas, ⚡ Securing ~A$1billion of project financing, including the largest BESS financing globally at A$650 million for Akaysha’s 4-hour Orana BESS, ⚡ Innovating with a first of its kind ‘virtual toll’ offtake agreement with EnergyAustralia for 200MW of contracted capacity from Orana BESS,  ⚡ Keeping the lights on in NSW! Our Waratah Super Battery provided this essential support during commissioning and has also reached mechanical completion, and ⚡ Giving communities a stronger say in benefit sharing with our newly launched community portal and ‘fund it’ tool. And we couldn’t have done this without our 135-strong, super-charged, fast-paced, hyper-committed, deeply valued team! This festive season let's celebrate our collective progress and the innovative spirit that drives us forward. Wishing you all joy, relaxation, and time to re-charge before we power into the New Year together.

At Akaysha Energy, we understand that true progress happens when innovation meets community. That's why we’re proud to launch our Community Portal - a digital platform designed to complement our traditional engagement efforts with enhanced transparency, accessibility, and impact.   In today’s world, meaningful social impact requires more than just good intentions; it requires openness and the ability to reach people where they are.   Our Community Portal does just that, providing an interactive space where the community can:   🔦 Find clear, transparent, up to date information about our projects and engage with us directly, 💡 Leverage innovative visualisation tools to dynamically showcase land transformation with mitigation plans, and 📣 Use our Benefit Sharing "Fund it" tool to share how they envision allocating community benefits from our BESS projects.   As we push beyond conventional boundaries, we remain committed to fostering trust and collaboration in every community we touch. We believe that a more connected, transparent approach is key to creating lasting change - and we’re excited to take this step forward. Have a look at https://lnkd.in/gK5nDqNZ #AkayshaEnergy #CommunityEngagement #SocialImpact #Transparency #Innovation #RenewableEnergy #Sustainability #DigitalTransformation