BusinessPhoto: Mercom IndiaAkaysha Energy Secures $1.2 Billion for Australian Battery Projects
Australian battery energy storage developer Akaysha Energy has refinanced its project-level debt with a A$1.75 billion (~$1.2 billion) portfolio-level financing facility. This consolidates debt across four projects: Brendale, Orana, Ulinda Park, and Elaine. Ulinda Park, Brendale, and Orana are operational, while Elaine in Victoria began construction in October 2025, expected to complete by late 2027. Additionally, Infinity Power and HAU Energy secured $566 million for Egypt's 1.2 GW Nefer Minya solar project with a 600 MWh battery system.
Mercom India·



