OCTA
Octa is a Perth-based, I Squared Capital-backed energy infrastructure company that builds, owns, and operates integrated LNG supply and hybrid power generation solutions for remote mining operations in Western Australia through subsidiaries CEFA, PWR Hybrid, and EVOL LNG.
- Company typePrivate
- Founded2024
- HeadquartersPerth, Australia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What OCTA does
Octa is a Perth-based, privately held energy infrastructure investment company that builds, owns, and operates integrated clean energy solutions for remote mining operations and heavy industry across Western Australia. The platform is anchored by I Squared Capital, a global infrastructure investor managing over US$40 billion in assets, and is structured around three wholly-owned subsidiaries: Clean Energy Fuels Australia (CEFA), which operates a 250 tonne-per-day LNG plant at Mount Magnet and delivers LNG plus remote power to mining customers; PWR Hybrid, an independent power provider (IPP) that builds low-emissions hybrid power stations integrating solar PV, wind, battery energy storage systems (BESS), natural gas, and LNG; and EVOL LNG, acquired from Wesfarmers in December 2024, which provides end-to-end LNG logistics with a fleet of more than 35 LNG tankers and intermodal containers and has delivered over 580,000 tonnes of LNG since 2001.
The company offers two core service lines: LNG solutions (sourcing natural gas from Perth, Karratha, and Mount Magnet; liquefying, transporting, storing, vaporising, and delivering to off-grid power stations, eliminating the need for pipeline infrastructure) and Power Generation Services (designing, building, owning, and operating bespoke thermal/renewable hybrid power stations for remote sites). Notable deployed assets include Australia's largest LNG storage and re-gas facility (5×370m³ tanks) at Pilbara Minerals' Pilgangoora mine, a 10MW grid-connected solar farm and 9.5MW solar project supplying Iluka's Cataby operation, and a 38.5MW hybrid project under construction for Ramillies Resources combining gas, solar, optional wind, and BESS.
Octa generates revenue through usage-based LNG supply and managed-service power offtake arrangements with enterprise mining customers. Pricing is quote-based and not publicly disclosed. Its customer base is concentrated in Western Australian mining — Westgold Resources, Vault Minerals, Lynas Rare Earths, Pilbara Minerals, Bellevue Gold, Iluka, and Ramillies Resources — and sales are conducted via direct B2B relationships with mining executives and operations teams. The company is also exploring adjacent applications in remote communities and industrial users outside the resources sector.
OCTA firmographics
Firmographics- Name
- OCTA
- Legal name
- Octa
- Website
- https://octa.net.au
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Octa is a Perth-based, I Squared Capital-backed energy infrastructure company that builds, owns, and operates integrated LNG supply and hybrid power generation solutions for remote mining operations in Western Australia through subsidiaries CEFA, PWR Hybrid, and EVOL LNG.
- Ownership category
- akta.pro rank
OCTA industry classification
Industry- Product category
- Energy Infrastructure Services
- NAICS
- Natural Gas Distribution (221210), Electric Power Generation (22111), Industrial Gas Manufacturing (32512)
- SIC
- Cogeneration Services & Small Power Producers (4991), Electric Services (4911)
- akta.pro primary industry
- Local Distribution Company (LDC) Natural Gas Distribution Utilities (TLAGADAA)
- akta.pro secondary industries
- PPA Origination, Structuring & Offtake Contracting (Physical/Financial, Sleeves) (EUAMAMAD), PPA Origination, Advisory & Contract Management (Negotiation, Credit, Settlements) (EUAGADAL)
Keywords
Where OCTA is headquartered
LocationHeadquarters
- HQ city
- Perth
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
OCTA business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- LNG Supply and Transportation: Supply and transportation of liquefied natural gas to remote mining operations and communities. Provides reliable, low-cost, low-emission fuel solutions delivered via dedicated tanker fleet and infrastructure.
- Power Generation Services: Build, own, and operate low emissions hybrid power stations for remote energy users. Revenue generated from power generation capacity and delivery to mining operations and industrial customers.
- Renewable Energy Integration: Integrating LNG with renewable energy technologies to maximize renewable penetration. Solutions include solar PV, wind, and battery storage systems tailored to customer requirements.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
OCTA product offering
Product offeringCore offering
OCTA is an energy infrastructure investment company that builds, owns and operates integrated clean energy solutions for remote mining operations and heavy industry in Australia. Through its subsidiaries CEFA, PWR Hybrid and EVOL LNG, it supplies liquefied natural gas (LNG) and operates low-emission hybrid power stations combining solar PV, wind, battery energy storage systems (BESS), natural gas and LNG to off-grid customers in Western Australia.
Product overview
Octa is an energy infrastructure investment company backed by I Squared Capital that operates as a platform of three subsidiary brands: Clean Energy Fuels Australia (CEFA), PWR Hybrid, and EVOL LNG. Together, these subsidiaries provide integrated clean energy and LNG solutions for remote mining operations and industries across Australia, including LNG production, transportation, storage, and hybrid power generation combining solar, wind, battery storage, natural gas, and LNG.
Differentiator
Problem solved
Functional benefit
Brands
- Clean Energy Fuels Australia (CEFA): Based in Perth, Western Australia, builds, owns and operates integrated clean energy solutions for remote mining operations, communities and industry in Australia. Provides LNG transportation and remote power generation solutions.
- PWR Hybrid
- EVOL LNG
Products and services
- Clean Energy Fuels Australia (CEFA) Perth-based subsidiary that builds, owns and operates integrated clean energy solutions for remote mining operations, communities and industry in Australia. Provides LNG transportation and remote power generation solutions, and operates a 250 tonne per day LNG plant in Mount Magnet, Western Australia.
- PWR Hybrid
- EVOL LNG Australia's leading LNG transportation provider with a fleet of over 35 LNG tankers and intermodal containers. Builds, owns, operates and maintains all LNG storage and vaporisation infrastructure, providing transportable LNG to fuel off-grid power stations. Has delivered more than 580,000 tonnes of LNG to customers since 2001.
- LNG Services End-to-end LNG solution covering sourcing of natural gas, liquefying for transport, storage and logistics management, and delivery to remote off-grid locations across Western Australia from Perth, Karratha and Mount Magnet.
- Power Generation Services Build-own-operate power generation solutions delivering low-cost, low-emission, reliable thermal, wind, solar and battery power generation to off-grid remote locations, including thermal power stations integrated with renewable energy systems tailored to each customer's power demand profile.
Quantifiable outcome
- Lower energy costs for remote mining operations through LNG replacing diesel
- +3 more outcomes
Companies that use OCTA
Customer profileNamed customers7 records
Segments1 record
Ideal customer profiles1 record
OCTA technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
OCTA partnerships and signals
Strategic signalScale indicators8 records
Recent moves6 records
Expansion highlights6 records
OCTA competitors and assessment
Company assessmentDirect peers
- Aggreko: Global leader in temporary and remote power generation, including hybrid gas+solar+BESS solutions for mining and industrial customers. Directly competes with PWR Hybrid's IPP offering for off-grid mining power contracts.
- Pacific Energy: Australia's leading hybrid power provider for remote mine sites, integrating gas, solar, wind, and battery. Sam Pearce (OCTA's CFO) previously led finance there through its growth to a ~A$500M exit to QIC in 2019. Direct competitor in remote Australian power generation.
- EDL Group (APA Group): Australian remote energy solutions provider focused on power generation for mining and remote communities, now part of APA Group. Directly comparable IPP model for off-grid mining customers in Western Australia and beyond.
- Zenith Energy: Australian remote power generation specialist serving mining and heavy industry customers with gas-fired and hybrid solutions. Competes head-to-head with PWR Hybrid in the same remote IPP market.
Others
- Wesfarmers Chemicals, Energy & Fertilisers: Former parent of EVOL LNG, sold to Octa in December 2024. Operates LNG and energy assets across Australia; provides a relevant comparison for the type of energy infrastructure assets and operational expertise in the WA market.
Broad incumbents
- ENGIE: Global energy major with significant LNG, gas-fired power, and renewable generation operations across Asia-Pacific. Broad incumbent whose remote and hybrid generation capabilities overlap with Octa's model at a larger scale.
- AGL Energy: Australia's largest energy retailer and one of the biggest power generators, with a major renewables transition program. Broad incumbent whose integrated generation portfolio and customer base overlap with Octa's energy supply activities.
- Origin Energy: Australian integrated energy major with gas-fired generation, renewables, and retail operations. Comparable as a broad-based Australian energy platform with both conventional and transition assets.
- Santos: Major Australian LNG producer with significant domestic and export gas operations, increasingly focused on lower-carbon fuels. Broad incumbent in LNG with supply-chain overlap to Octa's downstream LNG distribution business.
- Woodside Energy: Australia's largest LNG exporter, with growing investments in lower-carbon energy solutions. Broad incumbent whose LNG production expertise and decarbonisation strategy parallel Octa's transition-fuel positioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights4 records
Customer concentration
OCTA social profiles
Digital presenceOCTA financial estimates
Financial estimateRevenue estimate
Valuation estimate
OCTA leadership team
Management profileNumber of profiles
Profiles4 records
OCTA subsidiaries and ownership
Company hierarchySubsidiaries3 records
OCTA funding detail
Funding detailFunding overview
Funding rounds1 record
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OCTA M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OCTA
What does OCTA do?
OCTA is an energy infrastructure investment company that builds, owns and operates integrated clean energy solutions for remote mining operations and heavy industry in Australia. Through its subsidiaries CEFA, PWR Hybrid and EVOL LNG, it supplies liquefied natural gas (LNG) and operates low-emission hybrid power stations combining solar PV, wind, battery energy storage systems (BESS), natural gas and LNG to off-grid customers in Western Australia.
Is OCTA a public or private company?
OCTA is a private company. It is classified as private equity controlled and is currently operating.
When was OCTA founded?
OCTA was founded in 2024. It employs 11 to 50 people.
Where is OCTA based?
OCTA is headquartered in Perth, Australia, in the Oceania region.
How does OCTA make money?
Three revenue lines are on record. LNG Supply and Transportation is the primary driver. The others are power Generation Services and renewable Energy Integration.
Who are OCTA's main competitors?
Direct peers on record are Aggreko, Pacific Energy, EDL Group (APA Group) and Zenith Energy. Wesfarmers Chemicals, Energy & Fertilisers is listed as an others. Broad incumbents are ENGIE, AGL Energy, Origin Energy, Santos and Woodside Energy.
Does OCTA have an API?
No public API is recorded for OCTA.
What industry is OCTA in?
OCTA's product category is Energy Infrastructure Services. Its primary akta.pro industry code is TLAGADAA, Local Distribution Company (LDC) Natural Gas Distribution Utilities, with a secondary code of EUAMAMAD, PPA Origination, Structuring & Offtake Contracting (Physical/Financial, Sleeves). Its NAICS code is 221210 and its SIC code is 4991.