[ TRANSACTION RECORD ]

BlackRock Inc. Investment in Akaysha Energy — 2022

VERIFIED VECTOR ID: 001477 · tx-005
M SOURCE NODE — FUNDER
BlackRock Inc.
Finance United States
$1,000,000,000
EQUITY
16/08/2022
Q DESTINATION NODE — RECIPIENT
Akaysha Energy
Company Australia
Amount (USD)
$1.0B
Flow Type
EQUITY
Transaction Date
16/08/2022
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity BlackRock Inc.
AUM 10000000
HQ Location United States
Sector Finance
Recipient Profile [ Q ]
Entity Akaysha Energy
Entity Type Company
Jurisdiction Australia
Intelligence Note

BlackRock Real Assets acquired Akaysha Energy to support the development of over 1 gigawatt of battery storage capacity in Australia. The transaction involves a capital commitment of approximately 1 billion dollars to bolster energy grid stability. This investment reflects BlackRock’s strategic focus on the global transition toward renewable energy infrastructure.

Σ
Primary Forensic Source https://www.blackrock.com/institutions/en-ax/literature/press-release/blackrock-real-assets-to-acquire-akaysha-energy.pdf/
✓ SOURCE LINKED