About ACEN Australia
ACEN Australia is a company based in Hobart (Australia) founded in 2016.. ACEN Australia offers products and services including New England Solar, Stubbo Solar, Aquila Wind, New England BESS, and Phoenix Pumped Hydro. ACEN Australia operates in a competitive market with competitors including Lightsource BP, 5B, Encore Renewable, EDL and SCEE, among others.
- Headquarter Hobart, Australia
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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- Legal Name Acen Australia
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$472 M (USD), Debt – Conventional
Apr 14, 2025
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Investors
DBS Bank
& 12 more
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Employee Count
Employee Count
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Products & Services of ACEN Australia
ACEN Australia offers a comprehensive portfolio of products and services, including New England Solar, Stubbo Solar, Aquila Wind, New England BESS, and Phoenix Pumped Hydro. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Generates clean electricity from solar panels for Australian homes.
Provides renewable energy through large-scale solar installations.
Produces wind-generated power for energy supply networks.
Stores and releases energy from battery systems for grid stability.
Manages water-based energy storage for long-duration power needs.
Delivers solar energy to support regional electricity demands.
Generates wind power for large-scale energy distribution.
Contributes wind energy to Australia's renewable grid.
Offers solar-generated electricity for community and business use.
Provides wind-based renewable energy for sustainable operations.
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Funding Insights of ACEN Australia
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $472.0M
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First Round
First Round
(05 Sep 2022)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Debt – Conventional - ACEN Australia | Valuation |
investors |
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| Oct, 2022 | Amount | Debt – Conventional - ACEN Australia | Valuation |
investors |
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| Sep, 2022 | Amount | Debt – Conventional - ACEN Australia | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ACEN Australia
ACEN Australia has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include DBS Bank, AN Support Services India Private Limited and CommBank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Clean energy investments are facilitated by this Australian corporation.
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Founded Year | Domain | Location | |
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Provider of financial solutions for individuals and businesses
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Founded Year | Domain | Location | |
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Commercial bank
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ACEN Australia
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ACEN Australia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Acen Australia Comparisons
Competitors of ACEN Australia
ACEN Australia operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lightsource BP, 5B, Encore Renewable, EDL and SCEE, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Solar energy projects are developed and operated by Lightsource BP.
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| domain | founded_year | HQ Location |
Solar energy projects are developed with innovative, efficient technologies.
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| domain | founded_year | HQ Location |
Commercial and residential solar projects are developed and managed.
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| domain | founded_year | HQ Location |
Wind and solar energy projects are developed by EDL.
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| domain | founded_year | HQ Location |
Installation and construction services are provided for utilities and telecommunications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Acen Australia
Frequently Asked Questions about ACEN Australia
When was ACEN Australia founded?
ACEN Australia was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Where is ACEN Australia located?
ACEN Australia is headquartered in Hobart, Australia. It is registered at Hobart, Tasmania, Australia.
What does ACEN Australia do?
ACEN Australia was founded in 2016 and is based in Hobart, Australia. Operations are centered on the renewable energy sector, where solar and wind projects are developed and managed. Focus is placed on sustainable energy infrastructure to support regional power needs. The companys domain, acenrenewables.com.au, reflects its emphasis on these technologies. Activities are conducted primarily within Australia, contributing to local energy transitions.
Who are the top competitors of ACEN Australia?
ACEN Australia's top competitors include Lightsource BP, 5B and Encore Renewable.
What products or services does ACEN Australia offer?
ACEN Australia offers New England Solar, Stubbo Solar, Aquila Wind, New England BESS, and 6 more products and services.
Who are ACEN Australia's investors?
ACEN Australia has 13 investors. Key investors include DBS Bank, AN Support Services India Private Limited, CommBank, Deutsche Bank, and United Overseas Bank.
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