Suitors Eye 50%-60% Stake in Akaysha Energy as BlackRock-Backed Firm Weighs Sale
Updated
Updated · Bloomberg · Jun 4
Suitors Eye 50%-60% Stake in Akaysha Energy as BlackRock-Backed Firm Weighs Sale
2 articles · Updated · Bloomberg · Jun 4
Summary
Industry players and pension funds are exploring bids for 50%-60% of Akaysha Energy, the Australian battery developer backed by BlackRock, according to people familiar with the matter.
Akaysha is also open to a full takeover, widening the process beyond a minority or control-stake sale.
The interest points to demand for large-scale battery storage assets in Australia, where Akaysha has built itself into a notable developer in the sector.