
Octa
Integrated clean energy and low-carbon solutions investor.
Date | Investors | Amount | Round |
---|---|---|---|
* | AUD355m | Debt | |
Total Funding | 000k |
Octa is a parent brand that invests in and manages a portfolio of companies focused on accelerating the energy transition for remote and heavy industries in Australia. The company is backed by I Squared Capital, a global infrastructure investment fund. Octa's strategy centers on providing integrated clean energy solutions that combine liquefied natural gas (LNG) with renewable technologies to reduce emissions and lower energy costs for off-grid clients.
The Octa group includes three primary businesses: Clean Energy Fuels Australia (CEFA), EVOL LNG, and PWR Hybrid. CEFA handles midstream operations, including gas sourcing and LNG production at its plant in Mount Magnet, Western Australia. It provides LNG transportation and power generation solutions for remote mining operations and communities. In December 2024, Octa acquired EVOL LNG from Wesfarmers. EVOL LNG, established in 2001, is a leading provider of LNG transportation, storage, and vaporization infrastructure, managing the downstream logistics for the group. PWR Hybrid is an independent power provider that develops, owns, and operates hybrid power stations, integrating sources like solar, wind, battery storage, and natural gas to supply reliable energy to the mining and resources sectors.
Through this structure, Octa offers an end-to-end service, from sourcing and liquefying natural gas to transporting it and generating power at client sites. The business model focuses on building, owning, and operating the necessary infrastructure, providing clients with cleaner energy without the significant capital investment typically required for such projects. Octa's clients primarily consist of remote mining companies and industries in Australia that currently rely on diesel and are seeking to lower their carbon footprint and operational expenses.
Keywords: clean energy investment, low-carbon solutions, energy transition, remote power generation, LNG infrastructure, hybrid power stations, Australian mining industry, liquefied natural gas, sustainable energy, independent power provider, off-grid energy, decarbonisation, CEFA, EVOL LNG, PWR Hybrid, I Squared Capital, energy logistics, gas sourcing, renewable energy integration, energy infrastructure