Tilt Renewables

Melbourne, Australia Founded: 2016 • Age: 10 yrs Acquired By Mercury
Independent power producer in renewable energy sector
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About Tilt Renewables

Tilt Renewables is a company based in Melbourne (Australia) founded in 2016 was acquired by Mercury in March 2021.. Tilt Renewables offers products and services including Wind Farms and Solar Farms. Tilt Renewables operates in a competitive market with competitors including Octopus Energy, NextEra Energy, Duke Energy, ScottishPower and EDP Renewables, among others.

  • Headquarter Melbourne, Australia
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $12.7 M (USD), Post-IPO

    Mar 20, 2019

  • Investors
    Mercury

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Mercury

    & 1 more

    (Mar 14, 2021)

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Products & Services of Tilt Renewables

Tilt Renewables offers a comprehensive portfolio of products and services, including Wind Farms and Solar Farms. 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.

Primary

Facilities for producing electricity from wind sources

Facilities for generating electricity from solar sources

People of Tilt Renewables
Headcount 50-200
Employee Profiles 40
Employee Profiles
People
Hamish Irving
Chief Financial Officer
People
Kathleen Walker
Head Of Business Transformation
People
Koel Wrigley
Community And Stakeholder Engagement Advisor
People
Gary Brown
Director

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Funding Insights of Tilt Renewables

  • Total Funding
  • Total Rounds 1
  • Last Round Post-IPO — $12.7M
  • First Round

    (20 Mar 2019)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2019 Amount Post-IPO - Tilt Renewables Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Tilt Renewables

Tilt Renewables has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Mercury and Infratil. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments are directed toward digital infrastructure, renewables, healthcare, and airports.
Founded Year Domain Location
Mercury is recognized as a provider of energy and telecommunications in New Zealand.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Tilt Renewables

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Tilt Renewables

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Tilt Renewables Comparisons

Employees
+
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Competitors of Tilt Renewables

Tilt Renewables 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 Octopus Energy, NextEra Energy, Duke Energy, ScottishPower and EDP Renewables, 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
Utility bill management platform is provided for tracking and billing.
domain founded_year HQ Location
Developer of energy solutions
domain founded_year HQ Location
Renewable electricity is produced and distributed across multiple states.
domain founded_year HQ Location
Wind energy is generated, transmitted, and distributed by ScottishPower.
domain founded_year HQ Location
Generation of wind power
domain founded_year HQ Location
Energy company
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tilt Renewables

Frequently Asked Questions about Tilt Renewables

When was Tilt Renewables founded?

Tilt Renewables was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Where is Tilt Renewables located?

Tilt Renewables is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.

What does Tilt Renewables do?

Tilt Renewables was founded in 2016 and is headquartered in Melbourne, Australia. Operations are focused on the renewable energy sector as an independent power producer. Over 15 utility-scale wind projects, totaling 2274 MW in capacity, are owned and managed, along with three solar projects at 400 MW. Expertise is applied in developing wind and solar installations that adjust to sun and wind patterns for optimized generation.

Who are the top competitors of Tilt Renewables?

Tilt Renewables's top competitors include Octopus Energy, NextEra Energy and Neoen.

What products or services does Tilt Renewables offer?

Tilt Renewables offers Wind Farms and Solar Farms.

Who are Tilt Renewables's investors?

Tilt Renewables has 2 investors. Key investors include Mercury, and Infratil.

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