Street Talk

Green dream: CS Capital to sell SynCo Global’s BESS projects

Sarah Thompson, Kanika Sood and Emma Rapaport

Jul 10, 2025 – 5.00am

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Move over Ampyr and Edify Energy. Queensland developer SynCo Global has added its strategically located BESS projects to the growing list of renewables assets up for sale, hiring CS Capital to test buyer appetite.

SynCo is seeking to sell 100 per cent of its interests in the MegaLink BESS and Opal BESS projects in South Australia’s Bundey Energy Hub. Preliminary sale documents are in front of potential investors, and indicative offers are due to be submitted to CS Capital later this month.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.