Processing timeline
39
days
Acquirer(s)
ORIGIN ZERO INVESTMENTS PTY LTD ABN - 52 079 089 231, ORIGIN ENERGY LIMITED ABN - 30 000 051 696
Target(s) or Vendor(s)
CLIMATECH ZERO HOLDINGS PTY LTD ABN - 35 623 827 930, CLIMATECH ZERO PTY LTD ABN - 70 623 828 508
Other parties
None listed
Origin Energy Limited, via its subsidiary Origin Zero Investments Pty Ltd, increased its interest in Climatech Zero Pty Ltd from 20% to 100%. Climatech Zero provides engineering and project delivery services to reduce energy consumption for large commercial and industrial businesses, complementing Origin Zero's electricity, gas, and energy solutions for the sector.
Origin Zero Investments Pty Ltd ( Origin Zero ), a wholly owned subsidiary of Origin Energy Limited (together, Origin ), currently has a 20% interest in Climatech Zero Pty Ltd ( Climatech Zero ) and proposes to increase its interest to 100%. Climatech Zero is an engineering and project delivery provider. It focuses on projects to reduce the energy consumption of large commercial and industrial businesses. Climatech Zero’s services include upgrading and replacing mechanical and electrical plant and equipment, such as heating, cooling, ventilation, lighting and industrial equipment. Origin Zero primarily sells electricity and gas to large commercial and industrial businesses. It provides services such as on-site renewable energy, energy storage, virtual power plant services, and E-Mobility solutions.