By: greenbank On: December 01, 2016 In: Comments: 0

CEFC committed up to AU$5 million in equity as part of an AU$11.5 million Series B capital raising by GreenSync. The finance, through the Clean Energy Innovation Fund, will help the business scale up its operations, expanding in Australia and overseas. The highly innovative clean technology company uses smart software controls to optimise the use of energy resources in electricity grids. Through smart controls and coordination, more renewable resources and battery storage systems can be integrated into the grid, extending the benefits to more businesses and consumers.

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