Agile Energy Secures Investment for 200 MW Solar and Battery Projects
Sydney-based Agile Energy has announced a significant strategic investment aimed at advancing the rollout of a 200 megawatt virtual power plant, which will comprise rooftop solar installations and battery systems for commercial and industrial use.
This week, Agile Energy revealed that its expansion plans are now supported by two new strategic investors: Five V Capital and the Clean Energy Finance Corporation (CEFC), a government initiative. While the exact amount of capital involved remains undisclosed, this funding is intended to expedite the delivery of new solar and battery projects that Agile Energy will both own and manage through long-term power purchase agreements (PPAs) across Australia’s commercial and industrial sectors.
Accelerating Clean Energy Deployment
Having successfully installed over 50 megawatts of clean energy assets backed by PPAs in various sectors throughout the nation, Agile Energy is looking to broaden its reach into new industries and customer bases.
Jack Kapoor, CEO of Agile Energy, highlighted the importance of this investment, stating, “This commitment accelerates our mission to make clean energy accessible and financially attractive for Australian businesses.” He went on to explain that both Five V and the CEFC contribute not merely funds, but also valuable expertise crucial for scaling sustainable infrastructure. “Together, we’ll unlock hundreds of megawatts of rooftop and on-site solar and batteries,” he added.
Innovative Business Model
Agile Energy’s approach integrates long-term PPA agreements with no upfront capital requirements for customers. This model also includes in-house engineering, procurement, and construction (EPC) services, as well as asset management, bolstered by advanced battery technology and lifecycle monitoring via a bespoke digital platform.
David Margolius, the Chief Commercial Officer of Agile Energy, noted the rising demand from Australian businesses for affordable and secure clean energy sources. He remarked, “With institutional capital now aligned behind Agile Energy, customers can expect fully bankable solutions supported by robust infrastructure and proven long-term operational performance.”
Strategic Partnership for Growth
Patrick Rodden, Managing Director of Five V Capital, emphasised that Agile’s innovative platform represents the future of clean energy infrastructure, characterised by strong leadership, a focus on execution, and data-driven customer outcomes. “We’re thrilled to partner with the Agile team to foster the company’s national growth and channel institutional capital into a sector that provides exceptional returns for both customers and the environment,” Rodden concluded.
