Exemplary Investments Pty Ltd (EIPL), the company behind Exemplary Energy, has recently made two modest investments in ventures of likely interest to readers.
ATEC closes US$3.75M ‘Series A’ led by Schneider Electric Energy Access Asia (SEEAA) and Spark+ Africa for Global South Expansion
EIPL was a small participant in this recent capital raising by ATEC.
Although its HQ is in Castlemaine, Victoria, ATEC runs its international operations entirely in US Dollars. Initially promoting farm-based biogas digesters in Cambodia, it has since then led a push to change LPG-based cooking in cities in Cambodia and Bangladesh to induction electric. These changes use innovative financing arrangements applying pay-as-you-cook options with internet-of-things (IoT) technology to collect the micropayments (or draw-down of pre-payments) and confirm actual usage to allow selling of the carbon credits associated with the change of fuel into the global carbon off-set market and apply the proceeds to lower the cost paid by the end users. Although we already knew of ATEC through sources like OnImpact, EIPL’s executive director, Trevor Lee, was able to engage with ATEC’s regional office and show room in Siem Reap, Cambodia, in February this year to firm up the case for investing.
Unsurpassed Australian Grown (UAG) Bio Nutrients – Waste-to-Energy with Nutrient Reclaim
Cited in our article on the A2EP tour out of Brisbane reported in our April edition [Investing in Waste to Energy: UAG Bio Nutrients – Exemplary Energy Blog], EIPL has gone on to make a small investment in shares in UAGBN followed by a short term loan facility for working capital purposes.
As reported then, UAGBN has a demonstration plant in Hay, NSW, and laboratories in Alstonville, NSW, soon to move to the Lismore campus of Southern Cross University (SCU) and major expansion plans in the Hunter Valley and elsewhere.
Goulburn Community Energy Cooperative (GCEC) – Solar Farm Proposed for SE NSW
While this investment was made by EIPL a couple of years ago, GCEC has only recently reported on progress to the point of breaking ground soon. Such delays can cruel the financial merit of such a project so EIPL is most pleased by this overdue update. At the end of June, they reported to members (investors):
“At the moment we are still waiting on the council to approve our Construction Certificate. There were a couple of additional details we needed to submit for the application but this has now been rectified and we understand that Council will prioritise our application. As soon as we get approval work will re-start on the site with civil works – drainage, sediment control, enlarged sediment pond, etc. Fingers crossed!”
