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Charge for change, become an Indigo Power shareholder

At Indigo Power, we believe in the ability of ordinary people, working together to overcome extraordinary challenges. So, were building a network of community batteries to share clean, locally generated energy and keep the lights on when it matters most. Local communities should benefit from local energy, and were making it happen. Weve already installed community batteries in Yackandandah, Yarra Junction, and soon, in Wodonga.

Minimum $200,000

  • Target

    $750,000
  • Stage

    Seed Stage
  • Status

    Expressions of Interest (EOI)

Weve done it before. Lets do it again.

 

At Indigo Power, we believe ordinary people working together can overcome extraordinary challenges. Were building a network of community batteries to share clean, locally generated energy and keep the lights on when it matters most.

 

Local communities should benefit from local energy, and were making it happen.

Community batteries are already installed in Yackandandah and Yarra Junction, with Wodonga coming next.

 

Backed by a $4.24M ARENA grant, were ready to deploy ten more batteries, from Tumbarumba to Warburton but first, we need to raise $1.5M for our co-contribution.

 

 

What this raise supports

 

This capital raise helps establish Indigo Powers clean-energy asset arm.

We will install:

 

680 kW of solar

5.8 MWh of lithium-iron-phosphate storage

Across ten emergency relief centres and key community sites

 

 

This expands our total battery fleet to over 7 MWh.

 

The battery portfolio will:

 

Trade in the National Electricity Market and frequency control markets

Provide backup power during outages

Share renewable energy with Indigo Power customers in local energy hubs

 

 

 

Business Model

 

Indigo Power delivers products and services that help communities generate and consume more local renewable energy.

 

We do this by:

 

Offering electricity retail services that enable energy sharing within communities

Building, owning, operating and maintaining clean energy infrastructure for local hubs

Managing clean energy projects that support clients sustainability goals

 

 

Our purpose is to create a society powered by 100% renewable energy, in a way that supports and empowers communities.

 

 

Strategic Vision

 

This raise enables:

 

Deployment of 10 new batteries, bringing our fleet over 7 MWh enough to match the 2024 net energy use of our 1700 retail customers

Launch of the next phase: a long-term asset management business

Expansion into new markets

Integration of shared battery assets into our energy-sharing platform

More flexibility in hedging our retail load

 

 

 

Industry Context

 

Indigo Power launched one of Australias first community batteries in 2021 and continues to lead in this growing space.

 

Community batteries are gaining momentum because:

 

They provide economies of scale beyond household batteries

Complement widespread household solar

Avoid costly electricity network upgrades

Provide reliable backup power in rural areas during outages

Offer grid services such as voltage and frequency stabilisation

 

 

 

Let me know if youd like a short summary version for pitch decks or press materials.

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  • Charge for change, become an Indigo Power shareholder

    Charge for change, become an Indigo Power shareholder

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    By submitting this form you are agreeing to our Terms of Use and Privacy Policy. You agree to your information being shared with the advertiser and for Azzet to send you electronic communications, which you may opt out of at any time.

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