News and Views
Transaction & Advisory | August 2022
BlackRock acquires Melbourne-based battery developer Akaysha Energy
Alistair Jaque (Partner) and Steven An (Associate) acted for the shareholders of Akaysha Energy, a Melbourne-based battery developer, on its acquisition by one of the world’s largest fund managers, BlackRock.
The acquisition by BlackRock’s climate infrastructure business will result in a $1 billion investment in grid-scale batteries and a significant shift from coal to clean energy in Australia.
The Australian - https://www.theaustralian.com.au/subscribe/news/1/?sourceCode=TAWEB_WRE170_a_GGL&dest=https%3A%2F%2Fwww.theaustralian.com.au%2Fbusiness%2Frenewable-energy-economy%2Fblackrock-in-1bn-battery-charge-after-buying-akaysha-energy%2Fnews-story%2Ff6eaa2a3b07b1246934a10cd7f87d865&memtype=anonymous&mode=premium&v21=dynamic-groupa-test-noscore&V21spcbehaviour=append
Venture fund Uniseed has added five new university partners
Our corporate team led by Alistair Jaque, Anna McKay and Zafiria Stamboulidis assisted venture fund Uniseed with its new investment arrangements with Monash University, UTS, University of Newcastle, Macquarie University and University of Western Sydney. A great opportunity for our team to be involved in the commercialisation opportunities of the cutting edge technologies developed by these university research departments and CSIRO.
Space tech start-up, Skykraft, raises $120m
Our corporate team led by Paul Miller, advised space tech start-up, Skykraft, in it's fundraising round, which will enable the company to work towards rolling out its satellite constellation.