About Firm Power
Firm Power is an Energy & Utilities company based in Sydney (Australia) founded in 2019 by Simon Ingram, and was acquired by AGL in August 2024. It operates as an energy company focused on developing energy projects that accelerate the energy transition, with a focus on dispatchable power generation and energy storage solutions. Its chief executive is Nick Rose. Firm Power offers products and services including BESS Projects and Sustainable Fuels Platform. Its focus areas include Energy, Energy Storage, Battery and Multi Chemistry. Its legal entity is Firm Power Pty Ltd.
Company details
Firm Power was established in 2019 in Sydney, Australia, within the energy sector. Renewable energy projects, including battery energy storage systems, are developed to support dispatchable power generation. Operations center on the Australian market, where efficient energy solutions are provided. Involvement spans project development aimed at the energy transition, with key leadership from co-founder Simon Ingram and CEO Nick Rose.
- Headquarters Sydney, Australia
- Founders Simon Ingram
- SectorsEnergy & Utilities
- Email••••••••
- Website firmpower.com.au
- Social LinkedIn
- Acquired by AGL (Aug 2024)
- Legal Name Firm Power Pty Ltd
- Investors
- Acquired byAGL
(Aug 2024)
Products & Services of Firm Power
Firm Power offers a comprehensive portfolio of products and services, including BESS Projects and Sustainable Fuels Platform.
Develops large-scale battery systems for energy balancing and storage.
Assembles platforms for sustainable fuel development in Australia.
Investors in Firm Power
Firm Power has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include AGL Energy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Renewable energy utilities are supplied by AGL in Australia. | 1837 | agl.com.au | Melbourne, Australia |
Investor details for Firm Power
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People of Firm Power
4 people are tracked at Firm Power (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Simon Ingram | Co-Founder | Leadership |
Nick Rose | CEO | Leadership |
Duncan Macdonald | Chief Technical Officer | Leadership |
Cameron Sampson | Origination And Strategy Manager | Team |
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Timeline of Firm Power
2 dated milestones of Firm Power across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Firm Power is founded.
- Exit Acquired by AGL.
Top companies in Energy Storage
10 companies that operate in the same segment as Firm Power (Energy Storage), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of lithium battery modules | 1997 | Shenzhen, Guangdong, China | – | USD 9.01 B | 54,290 | |
Batteries and automotive components are manufactured by Amara Raja Group. | 1985 | Hyderabad, Telangana, India | – | – | – | |
Composite pressure cylinders are supplied for mobility and storage uses. | 2008 | Alesund, Møre And Romsdal, Norway | – | USD 292.68 M | 1,020 | |
Platinum, rhodium, and palladium-based materials are manufactured by Umicore. | 1805 | Brussels, Brussels-capital Region, Belgium | – | USD 292.16 K | 1 | |
Lithium-ion battery packs for EVs and energy storage are manufactured. | 2018 | Noida, Uttar Pradesh, India | USD 1.5 M | USD 31.66 M | 8 | |
Developer of bespoke power storage systems for industrial and grid applications | 2009 | Durham, North Carolina, United States | USD 276.49 M | – | – | |
Automotive batteries and solar products are manufactured by Livguard. | 2014 | Gurugram, Haryana, India | USD 65.14 M | USD 411.14 M | 1,737 | |
Batteries and energy storage systems are manufactured in various chemistries. | 1924 | New York, New York, United States | – | – | 32 | |
Exide is recognized as India's largest battery manufacturer. | 1947 | Kolkata, West Bengal, India | USD 220 M | USD 1.91 B | 20,690 | |
Free mobile charging kiosks are installed in retail stores. | 2012 | Philadelphia, Pennsylvania, United States | USD 35.85 M | – | 41 |
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Related news about Firm Power
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Frequently Asked Questions about Firm Power
Firm Power was founded in 2019.
Firm Power is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Nick Rose is the current CEO of Firm Power.
Firm Power was established in 2019 in Sydney, Australia, within the energy sector. Renewable energy projects, including battery energy storage systems, are developed to support dispatchable power generation. Operations center on the Australian market, where efficient energy solutions are provided. Involvement spans project development aimed at the energy transition, with key leadership from co-founder Simon Ingram and CEO Nick Rose.
Firm Power offers BESS Projects and Sustainable Fuels Platform.
Firm Power has 1 investor. Key investors include AGL Energy.
Firm Power operates through Firm Power Pty Ltd.
Yes. Firm Power was acquired by AGL in August 2024.