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Taiwan investor to open borders for Garnaut’s Zen Energy

Angela Macdonald-Smith
Angela Macdonald-SmithSenior resources writer
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Ross Garnaut-backed Zen Energy may seek to develop battery projects in Taiwan and potentially Japan after securing $43 million of investment from a $1.1 billion Taipei-listed renewable energy developer that shores up its funding after a rocky year.

Under a deal signed on Friday, HD Renewable Energy Co will buy new shares in Zen equivalent to 9.7 per cent of its expanded equity base.

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Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com
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    Original URL: https://www.afr.com/companies/energy/taiwan-investor-to-open-borders-for-garnaut-s-zen-energy-20241108-p5kp0t