Investing juggernaut BlackRock is in the running to build the “world’s most powerful” battery energy storage system with its bet on Melbourne-headquartered Akaysha Energy. But recruiting equity partners for the push is proving to be a tall order.
A render of Akaysha Energy’s proposed Orana battery storage system under construction near Wellington, NSW.
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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
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
