- A$300 million multi-currency facility backed by BNP Paribas, Deutsche Bank, ING, SMBC, and Westpac
- First borrowing base loan structure for renewables in Australia, adaptable to portfolio growth
- Financing will advance large-scale BESS projects across Australia, US, Japan, and Germany
Sydney leads with new financing model for renewables
Akaysha Energy has secured a A$300 million ($196 million) corporate debt facility to accelerate the rollout of large-scale battery energy storage systems (BESS) in Australia and international markets. The transaction, backed by a syndicate of global and domestic banks, is the first borrowing base loan of its kind applied to the renewables sector in Australia.
