BlackRock raises AUD 500 million to finance 1.68 GWh battery in Australia

BlackRock has raised over AUD 500 million for the Waratah Super Battery project in New South Wales, partnering with CEFC. The battery, developed by Akaysha Energy, aims to enhance grid reliability by integrating renewable energy and acting as a 'shock absorber' during power surges.

Source:

https://www.pv-magazine.com/2023/06/29/blackrock-raises-aud-500-million-to-finance-1-68-gwh-battery-in-australia/

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