CleanPeak Energy
CleanPeak Energy is an Australian distributed energy company that develops, finances, owns, and operates solar, battery, embedded network, and thermal infrastructure under long-term Power Purchase Agreements for commercial, industrial, and government customers across Australia.
- Company typePrivate
- Founded2017
- HeadquartersNorth Sydney, Australia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What CleanPeak Energy does
CleanPeak Energy is an Australian specialist distributed energy company founded in 2017 by Philip Graham (CEO, former Citi banker) and Jon Hare (COO), headquartered in North Sydney with a regional office opened in Wangaratta, Victoria in 2025. The company develops, finances, builds, owns, and operates a portfolio of distributed solar PV systems, battery energy storage systems (BESS), embedded networks and microgrids, central thermal plants, and renewable energy retail infrastructure — primarily serving commercial and industrial (C&I) customers and Australian government entities across New South Wales, Victoria, South Australia, Western Australia, and the Australian Capital Territory. Its core product offering includes rooftop and utility-scale solar generation, modular battery storage governed by proprietary optimization algorithms, and embedded network operations at four major precincts (Barangaroo South, Central Park, Mascot, and Tonsley) that together serve more than 1,000,000 square metres of floorspace. CleanPeak holds its own retail electricity license through CleanPeak Energy Retail Pty Ltd, enabling direct renewable supply to end-users as a whole-of-meter solution.
The company operates under a Build-Own-Operate model funded primarily through long-term Power Purchase Agreements (PPAs), generating recurring revenue from energy supply, retail electricity margins, embedded network services (electricity, thermal heating/cooling, recycled water, EV charging), and underlying asset value appreciation. Its portfolio spans more than 50 distributed generation sites with 140+ MW of solar capacity and 35+ MWh of operating battery storage, with a further 160 MWh of battery assets in development and 260 GWh of committed annual solar generation. Notable customers include Arnott's Group, Lendlease, Qantas, Sydney Airport Corporation, Charter Hall, NAB, Harris Farm, Crown Resorts, UTS, JBS, and government counterparties including Infrastructure NSW, Renewal SA, and the ACT Government.
CleanPeak's growth has accelerated materially since 2023 through a series of acquisitions (Mugga Lane Solar Farm 2023, Photon Energy portfolio 2024, Fortitude Renewables 2026, Sustainable Energy Infrastructure/SEI 2026) and large-scale project commissioning, culminating in a transformational A$500 million strategic partnership with KKR in July 2025 — KKR's first Asia-Pacific investment under its Global Climate Transition strategy. The company is differentiated by combining proprietary battery optimization and asset monitoring (CleanPeak Console) with regulatory licenses for retail supply and embedded network operation, allowing it to capture both generation economics and the network cost component of retail electricity prices.
CleanPeak Energy firmographics
Firmographics- Name
- CleanPeak Energy
- Legal name
- CleanPeak Energy
- Website
- https://cleanpeakenergy.com.au
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- CleanPeak Energy is an Australian distributed energy company that develops, finances, owns, and operates solar, battery, embedded network, and thermal infrastructure under long-term Power Purchase Agreements for commercial, industrial, and government customers across Australia.
- Ownership category
- akta.pro rank
CleanPeak Energy industry classification
Industry- Product category
- Distributed Renewable Energy Services
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation (22111)
- SIC
- Cogeneration Services & Small Power Producers (4991), Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)
- akta.pro secondary industries
- Distributed Generation (DG) Solar & Small Wind (EUAMAJAD), Distributed Storage (Behind-the-Meter Batteries) (EUAMAJAE), Microgrid, DER & Building Electrification Energy Controls (Solar/Storage/EV Load Orchestration) (BPABAGAJ), Onsite Low-Carbon Heat & CHP (Electrified CHP, Fuel Cells, Renewable CHP) (EUABAJAI)
Keywords
Where CleanPeak Energy is headquartered
LocationHeadquarters
- HQ city
- North Sydney
- HQ country
- Australia
- HQ region
- Oceania
Offices2 records
Markets served
CleanPeak Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Supply Chain, Technology or R&D, Personnel, Marketing or Sales
Revenue model
- Power Purchase Agreements (PPA): CleanPeak provides fully financed, integrated solar and storage systems under long-term Power Purchase Agreements (PPAs) with commercial and industrial customers. Customers avoid upfront capital costs and technology risks associated with distributed energy while receiving renewable energy supply at predictable rates.
- Renewable Energy Retail: CleanPeak holds its own retail electricity license and supplies renewable energy directly to end-users, offering flexible customer-first retail solutions. They provide whole-of-meter renewable energy supply combining behind-the-meter assets with front-of-meter portfolio assets.
- Embedded Network Services: CleanPeak operates as owner and operator of utility infrastructure at large precincts (Barangaroo, Central Park, Mascot, Tonsley), providing electricity via embedded network assets, thermal heating and cooling, recycled water, and EV charging services.
- Asset Development and Ownership: CleanPeak develops, builds, owns and operates renewable energy assets including solar farms, battery storage systems, and microgrids, generating revenue from energy production and asset value appreciation.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
CleanPeak Energy product offering
Product offeringCore offering
CleanPeak Energy develops, builds, owns and operates distributed renewable energy assets including rooftop and utility-scale solar, battery energy storage systems, embedded networks/microgrids, central thermal plants, and clean fuels infrastructure. The company supplies this energy to commercial, industrial and government customers via long-term Power Purchase Agreements and its own retail electricity licence, offering whole-of-meter solutions that combine behind-the-meter customer assets with front-of-meter portfolio assets.
Product overview
CleanPeak Energy operates as a specialist distributed energy company offering an integrated platform of renewable energy solutions. The core product portfolio comprises Solar Energy systems (rooftop and utility-scale), Battery Energy Storage Systems with proprietary optimization algorithms, Renewable Energy Retail services, and Embedded Networks/Microgrids. These are supplemented by Central Thermal Plant infrastructure, Clean Fuels initiatives (EV charging, bio-gas), and Asset Management capabilities powered by the proprietary CleanPeak Console monitoring system. The company also operates four named energy precincts (Barangaroo South, Central Park, Mascot, and Tonsley) as sub-brands, providing comprehensive energy services across residential, commercial, and industrial customer segments. CleanPeak follows a build-own-operate model, delivering fully financed, integrated solar-and-storage systems alongside retail electricity supply to major Australian corporations and governments.
Differentiator
Problem solved
Functional benefit
Brands
- CleanPeak Barangaroo: Energy infrastructure operations at Barangaroo South Precinct
- CleanPeak Central Park
- CleanPeak Mascot
- CleanPeak Tonsley
Products and services
- Solar Energy Design, construction, installation and operation of distributed solar PV systems including rooftop and utility-scale solar farms delivered to commercial and industrial customers and government under Build-Own-Operate and PPA models.
- Battery Energy Storage Systems (BESS) Modular, scalable battery assets customised to site requirements that store energy during low-price periods and discharge during peak demand, using proprietary algorithms to optimise charging and discharging cycles and deliver firm renewable energy and network demand savings.
- Renewable Energy Retailer Authorised retail electricity supply under CleanPeak's own retail licence, offering whole-of-meter renewable energy supply to commercial and industrial customers by combining behind-the-meter customer assets with front-of-meter portfolio assets to deliver 100% renewable solutions.
- Embedded Networks / Microgrids Operation of fully embedded network facilities at large precincts connected to behind-the-meter generation and central thermal plants, delivering electricity, chilled water, hot water, recycled water and EV charging services to residential, commercial and industrial customers across mixed-use precincts including Barangaroo, Central Park, Mascot and Tonsley.
- Central Thermal Plant Ownership and operation of central thermal plants supplying heating and cooling to multiple buildings across mixed-use precincts, often incorporating heat recovery systems to reduce energy consumption and carbon footprint.
- Clean Fuels Renewable fuel infrastructure including EV charging, bio-gas plants and compressed natural gas facilities aimed at reducing Scope 2 and Scope 3 emissions for tenants and visitors at commercial sites.
- Asset Management (CleanPeak Console) Real-time monitoring of distributed solar and battery assets through the proprietary CleanPeak Console platform, supported by SCADA systems for larger assets and a network of onboarded subcontractors providing 24/7 operations and first-response to minimise asset downtime.
Quantifiable outcome
- Delivers renewable energy at ~$100/MWh vs grid rate of ~$250/MWh, delivering significant cost savings
- +2 more outcomes
Companies that use CleanPeak Energy
Customer profileNamed customers9 records
Segments3 records
Ideal customer profiles3 records
CleanPeak Energy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
CleanPeak Energy partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- Sustainable Energy Infrastructure (SEI)coreCleanPeak acquired 100% of Sustainable Energy Infrastructure (SEI), one of Australia's largest owners and developers of sub-5MW solar and battery assets. SEI operates 71 MWac of solar capacity across 16 sites and 42 MW of battery storage across 11 sites in NSW, Victoria, and South Australia.
- Gresham PartnersminorGresham Partners acted as financial adviser to CleanPeak Energy for the SEI acquisition.
- MaddocksminorMaddocks acted as legal adviser to CleanPeak Energy for the SEI acquisition.
- Fortitude RenewablesminorCleanPeak acquired five solar and battery storage development sites from Fortitude Renewables in NSW. Four projects at Ashley, Gunnedah, Dubbo, and Culcairn were completed with a fifth at Warialda pending DA approval. Each project has DA and connection agreement for 5MW solar and BESS.
- Photon EnergyminorCleanPeak acquired the Leeton and Fivebough Solar Farms (14.5 MWdc combined) and Boggabri solar and battery development site from Photon Energy. The operating farms have been in operation since 2022 and will generate more than 26 GWh annually.
- Bison Energy GroupminorCleanPeak acquired two development projects from Japan-headquartered Bison Energy Group with combined capacity of almost 10MW. Both projects at Carawatha and Uranquinty in NSW's Riverina region are at ready-to-build stage with 4.95MW capacity each and include battery storage.
- Infrastructure NSWcoreCleanPeak entered into a landmark A$48 million Green Product Purchase Agreement with Infrastructure NSW to guarantee Barangaroo remains carbon neutral until at least 2050. CleanPeak will develop at least four new solar farms in regional NSW to supply Renewable Energy Certificates to offset Barangaroo's Scope 2 emissions for 25 years.
Scale indicators9 records
Recent moves6 records
Expansion highlights7 records
CleanPeak Energy competitors and assessment
Company assessmentBroad incumbents
- AGL Energy: Australia's largest integrated energy generator and retailer, with growing C&I decarbonization offerings and embedded network plays. Comparable as a competitor for large Australian corporate PPAs and retail supply contracts, though at much greater scale and broader scope.
- Origin Energy: Major Australian integrated energy company with a sizable retail business and renewable generation arm. Competes with CleanPeak for C&I customers seeking renewable PPAs and embedded network solutions, especially for solar + storage behind-the-meter deployments.
- EnergyAustralia: Australian energy retailer and generator owned by CLP Group, with commercial and industrial renewable supply offerings. Overlaps with CleanPeak's C&I renewable retail and PPA business, particularly for large enterprise customers pursuing decarbonization.
- Iberdrola Australia (Infigen): Global renewable energy major operating wind and solar assets in Australia. Competes for large renewable contracts and corporate PPAs across Australia, though focused on utility-scale wind rather than C&I behind-the-meter solutions.
- Engie Australia: Australian arm of global utility Engie, with significant renewable generation and retail operations. Competes for C&I renewable PPAs and embedded network opportunities, with substantially larger capital base than CleanPeak.
- Tesla Energy: Global battery storage and solar provider with growing Australian presence through Powerpack and Megapack deployments. Comparable in the BESS and microgrid components of CleanPeak's offering, though with much larger scale and different customer mix.
Direct peers
- Edify Energy: Australian renewable energy developer focused on utility-scale and distributed solar-plus-storage projects, with growing C&I focus. Most directly comparable independent peer, competing for similar behind-the-meter solar and storage projects in Australia.
- TagEnergy: Australia-based renewable energy developer building utility-scale wind, solar, and battery projects. Comparable in deploying large-scale renewable assets for industrial and grid-connected applications, with growing interest in storage and C&I decarbonization.
- Flow Power: Australian renewable energy retailer and PPA provider focused on commercial and industrial customers. Directly competes with CleanPeak's retail license and PPA business for C&I customers seeking renewable electricity supply.
Others
- APA Group: Australia's largest natural gas infrastructure business, increasingly investing in renewable energy and battery storage. Adjacent infrastructure competitor with capital scale that could move into C&I distributed energy, and a partner/competitor for embedded network operations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
CleanPeak Energy social profiles
Digital presenceCleanPeak Energy compliance and trust
Trust signalCompliance2 records
CleanPeak Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
CleanPeak Energy leadership team
Management profileNumber of profiles
Profiles8 records
CleanPeak Energy subsidiaries and ownership
Company hierarchySubsidiaries3 records
CleanPeak Energy funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CleanPeak Energy M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CleanPeak Energy
What does CleanPeak Energy do?
CleanPeak Energy develops, builds, owns and operates distributed renewable energy assets including rooftop and utility-scale solar, battery energy storage systems, embedded networks/microgrids, central thermal plants, and clean fuels infrastructure. The company supplies this energy to commercial, industrial and government customers via long-term Power Purchase Agreements and its own retail electricity licence, offering whole-of-meter solutions that combine behind-the-meter customer assets with front-of-meter portfolio assets.
Is CleanPeak Energy a public or private company?
CleanPeak Energy is a private company. It is classified as venture growth investor backed and is currently operating.
When was CleanPeak Energy founded?
CleanPeak Energy was founded in 2017. It employs 11 to 50 people.
Where is CleanPeak Energy based?
CleanPeak Energy is headquartered in North Sydney, Australia, in the Oceania region.
How does CleanPeak Energy make money?
Four revenue lines are on record. Power Purchase Agreements (PPA) is the primary driver. The others are renewable Energy Retail, embedded Network Services and asset Development and Ownership.
Who are CleanPeak Energy's main competitors?
Broad incumbents on record are AGL Energy, Origin Energy, EnergyAustralia, Iberdrola Australia (Infigen), Engie Australia and Tesla Energy. Direct peers are Edify Energy, TagEnergy and Flow Power. APA Group is listed as an others.
Does CleanPeak Energy have an API?
No public API is recorded for CleanPeak Energy.
What industry is CleanPeak Energy in?
CleanPeak Energy's product category is Distributed Renewable Energy Services. Its primary akta.pro industry code is EUACALAJ, Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro), with a secondary code of EUAMAJAD, Distributed Generation (DG) Solar & Small Wind. Its NAICS code is 221114 and its SIC code is 4991.