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Ross Garnaut’s Zen Energy gets $54m in debt for power pipeline

Green electricity retailer Zen Energy, which was once backed by steel tycoon Sanjeev Gupta and now counts economist Ross Garnaut among its shareholders, has locked in $54 million in fresh debt funding.

Ross Garnaut is a key shareholder at Zen Energy.  Louise Gronold

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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. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/ross-garnaut-s-zen-energy-gets-54m-in-debt-for-power-pipeline-20230911-p5e3tu