July 2, 2026
A BESS installation at Vena Energy’s adjacent Tailem Bend 2 hybrid solar-plus-storage facility. Image: Vena Energy
Singapore-headquartered clean energy developer Vena Energy has raised AU$1.4 billion (US$970 million) in green finance to support 614MW of solar PV capacity and 1,141MWh of battery energy storage systems (BESS) in Australia.
The financing was provided by a range of lenders, including BNP Paribas, ING Bank, and Sumitomo Mitsui Banking Corporation, and is split across two transactions.
The first transaction “supports” 294MW of operational solar PV capacity – although the company did not specify how this money would be used at the projects – alongside 320MW of solar capacity and 408MWh of BESS that is currently under construction.
