Vena Energy secures $1.4 billion in green financing for Australian solar and battery assets

Type: Financing · Technology: Hybrid · Country: Australia · Value: $1.4B · Announced: 2026-07-01

Vena Energy, the renewable energy arm of Singapore-based Vena Group, secured approximately $1.4 billion (USD 970 million) in green financing facilities. This funding will support the ongoing operation and construction of over 600 MW of solar and 1 GWh of battery energy storage capacity across Australia's National Electricity Market. The financing is structured across two transactions, combining greenfield project funding with the refinancing of existing facilities for assets in South Australia, Queensland, and New South Wales. This financial milestone aligns long-term capital with high-quality renewable energy and storage infrastructure, enhancing funding efficiency and flexibility for Vena Energy's future growth in Australia. A consortium of international and local lenders, including BNP Paribas, Bank of China, DBS Bank, ING Bank, Intesa Sanpaolo, Mizuho Bank, MUFG Bank, OCBC, Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Trust Bank, and Westpac Banking Corporation, supported the green financing facilities.

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