About NewEn
NewEn is a company based in Albury (Australia) founded in 2003.. NewEn offers products and services including Rifle Butts Wind Farm and Bushy Creek Wind Farm. NewEn operates in a competitive market with competitors including Worley, Goldwind Australia, Golden Plains Windfarm and UAC Energy, among others.
- Headquarter Albury, Australia
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Sectors
Energy & Utilities
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Email
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Phone
*********
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$856.17 K (USD), Grant
Jan 01, 2017
- Investors
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Employee Count
Employee Count
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Products & Services of NewEn
NewEn offers a comprehensive portfolio of products and services, including Rifle Butts Wind Farm and Bushy Creek Wind Farm. 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.
Develops renewable wind energy projects in Victoria.
Creates sustainable wind farms for energy production.
Funding Insights of NewEn
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $856,172
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First Round
First Round
(01 Jan 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2017 | Amount | Grant - NewEn | 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 NewEn
NewEn has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by NewEn
| 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 - NewEn
| 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 |
Newen Comparisons
Competitors of NewEn
NewEn 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 Worley, Goldwind Australia, Golden Plains Windfarm and UAC Energy, 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 |
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| domain | founded_year | HQ Location |
Worley is recognized as a global professional services provider in energy, chemicals, and resources sectors.
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| domain | founded_year | HQ Location |
Solar and wind farms are developed and maintained in Australia.
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| domain | founded_year | HQ Location |
Wind farm project constructing turbines for renewable energy in Victoria, Australia.
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Develops innovative technologies for wind energy projects.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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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Frequently Asked Questions about NewEn
When was NewEn founded?
NewEn was founded in 2003 and raised its 1st funding round 14 years after it was founded.
Where is NewEn located?
NewEn is headquartered in Albury, Australia. It is registered at Albury, New South Wales, Australia.
Who is the current CEO of NewEn?
Ernst Weyhausen is the current CEO of NewEn.
What does NewEn do?
NewEn, through its partnered developers, offers project development and construction services for community wind farms. Offers other solutions like site and project consultation, prepares forecasts of project capacities, turbine erections, and wind farm financing. Developed more than 20 wind farms across Germany with a cumulative installed capacity of 2,189MW power. Riffle Butts wind farm has been deployed in Victoria with an overall generation range of 27GW power annually.
Who are the top competitors of NewEn?
NewEn's top competitors include Worley, Goldwind Australia and Golden Plains Windfarm.
What products or services does NewEn offer?
NewEn offers Rifle Butts Wind Farm and Bushy Creek Wind Farm.
Who are NewEn's investors?
NewEn has 1 investor. Key investors include European Union.
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