CleanPeak Energy Holdings co-founder Philip Graham who’s appeared at some of our events in recent times must be feeling chuffed right now.
According to news on Wednesday his company has “hit the M&A trail, after securing a $500 million strategic investment from private equity juggernaut KKR last year,” which invested in the company as part of its climate strategy.
See just two of our articles featuring Graham here on our Circular Disruption event last year and here, on The Festival of Electric Ideas in 2023.
According to The AFR the company is set to buy solar and battery company Sustainable Energy Infrastructure (SEI) which has a “replacement value of nearly $200 million, making it a sizeable addition for CleanPeak”.
With fellow founder Jon Hare, Graham’s company now operates 50 distributed generation sites across Australia.
Its website claims to empower “large industrial and commercial businesses to reduce their carbon emissions & transition to net zero” with a portfolio of “more than 50 MW of committed solar, 35 MWh of battery projects, 70 MW of utility solar projects under development and microgrids providing energy and thermal services for more than 1 million square metres of floorspace.”