Woolworths Group (United Kingdom)

Partners Group to sell CWP Renewables, a major Australian renewable energy platform

Retrieved on: 
Sunday, December 18, 2022

Partners Group to sell CWP Renewables, a major Australian renewable energy platform

Key Points: 
  • Partners Group to sell CWP Renewables, a major Australian renewable energy platform
    Partners Group built CWP from the ground up, transforming it into one of the largest renewable energy platforms in Australia
    The Platform has 1.1 GW of operational onshore wind assets, including Murra Warra I & II
    Renewable energy is a core thematic focus for Partners Group, which seeks to invest in next-generation infrastructure assets that benefit from decarbonization trends
    Partners Group, a leading global private markets firm, has, on behalf of its clients, agreed to sell CWP Renewables ("CWP" or "the Platform"), a vertically integrated renewable energy platform in Australia, to Squadron Wind Energy Assets.
  • CWP's renewable energy platform spans onshore wind and battery farms, and provides power to clients including Transurban, Woolworths Group, Sydney Airport, Commonwealth Bank, and Snowy Hydro.
  • Partners Group developed CWP from the ground up in line with its long-term and thematic approach to investing in next-generation infrastructure assets that benefit from decarbonization trends.
  • Partners Group has invested over USD 3.8 billion in renewable energy assets globally.

SQUADRON TO LEAD AUSTRALIA'S ENERGY TRANSITION

Retrieved on: 
Wednesday, December 7, 2022

PERTH, Australia, Dec. 7, 2022 /PRNewswire/ -- Squadron Energy (Squadron) today announced it has acquired CWP Renewables (CWP), in an agreement that takes Squadron's renewable energy operating portfolio to 2.4 gigawatts (GW) with an Australian development pipeline to 20GW.

Key Points: 
  • SQUADRON ENERGY ACQUIRES CWP RENEWABLES TO BECOME AUSTRALIA'S LARGEST RENEWABLE ENERGY INVESTOR, OPERATOR & DEVELOPER
    PERTH, Australia, Dec. 7, 2022 /PRNewswire/ -- Squadron Energy (Squadron) today announced it has acquired CWP Renewables (CWP), in an agreement that takes Squadron's renewable energy operating portfolio to 2.4 gigawatts (GW) with an Australian development pipeline to 20GW.
  • "Squadron is proud to bring a very significant portion of Australia's renewable energy assets home to local ownership.
  • It means that Squadron has the renewable energy critical mass to help Australia step beyond fossil fuels," said Dr Forrest.
  • Prior to the acquisition of CWP, Squadron Energy was the second largest renewable energy player with a significant portfolio or assets in operation and construction.

SQUADRON TO LEAD AUSTRALIA'S ENERGY TRANSITION

Retrieved on: 
Wednesday, December 7, 2022

PERTH, Australia, Dec. 7, 2022 /PRNewswire/ -- Squadron Energy (Squadron) today announced it has acquired CWP Renewables (CWP), in an agreement that takes Squadron's renewable energy operating portfolio to 2.4 gigawatts (GW) with an Australian development pipeline to 20GW.

Key Points: 
  • SQUADRON ENERGY ACQUIRES CWP RENEWABLES TO BECOME AUSTRALIA'S LARGEST RENEWABLE ENERGY INVESTOR, OPERATOR & DEVELOPER
    PERTH, Australia, Dec. 7, 2022 /PRNewswire/ -- Squadron Energy (Squadron) today announced it has acquired CWP Renewables (CWP), in an agreement that takes Squadron's renewable energy operating portfolio to 2.4 gigawatts (GW) with an Australian development pipeline to 20GW.
  • "Squadron is proud to bring a very significant portion of Australia's renewable energy assets home to local ownership.
  • It means that Squadron has the renewable energy critical mass to help Australia step beyond fossil fuels," said Dr Forrest.
  • Prior to the acquisition of CWP, Squadron Energy was the second largest renewable energy player with a significant portfolio or assets in operation and construction.

Sapia.ai raises $17 million Series A funding round led by Macquarie Capital & W23 - part of the Woolworths Group.

Retrieved on: 
Wednesday, November 23, 2022

MELBOURNE, Australia, Nov. 22, 2022 /PRNewswire/ -- Building on the continuing success of its AI solution in delivering diversity and inclusion in hiring, Sapia.ai today announced a $17 million Series A raise led by Macquarie Capital and Woolworths Group's W23 venture capital arm.

Key Points: 
  • MELBOURNE, Australia, Nov. 22, 2022 /PRNewswire/ -- Building on the continuing success of its AI solution in delivering diversity and inclusion in hiring, Sapia.ai today announced a $17 million Series A raise led by Macquarie Capital and Woolworths Group's W23 venture capital arm.
  • "We've all been talking about the value of diversity for some time, but many companies are still not equipped to bring about real change.
  • Woolworths Group has been using Sapia.ai for 12 months and is providing funding through its investment arm, W23.
  • "Woolworths Group is always recruiting and we see tens of thousands of applications processed annually in our supermarket business.

Sapia.ai raises $17 million Series A funding round led by Macquarie Capital & W23 - part of the Woolworths Group.

Retrieved on: 
Wednesday, November 23, 2022

MELBOURNE, Australia, Nov. 23, 2022 /PRNewswire/ -- Building on the continuing success of its AI solution in delivering diversity and inclusion in hiring, Sapia.ai today announced a $17 million Series A raise led by Macquarie Capital and Woolworths Group's W23 venture capital arm.

Key Points: 
  • MELBOURNE, Australia, Nov. 23, 2022 /PRNewswire/ -- Building on the continuing success of its AI solution in delivering diversity and inclusion in hiring, Sapia.ai today announced a $17 million Series A raise led by Macquarie Capital and Woolworths Group's W23 venture capital arm.
  • "We've all been talking about the value of diversity for some time, but many companies are still not equipped to bring about real change.
  • Woolworths Group has been using Sapia.ai for 12 months and is providing funding through its investment arm, W23.
  • "Woolworths Group is always recruiting and we see tens of thousands of applications processed annually in our supermarket business.

OAIC statement on MyDeal data breach

Retrieved on: 
Monday, October 31, 2022

OAIC statement on MyDeal data breach

Key Points: 
  • OAIC statement on MyDeal data breach
    The Office of the Australian Information Commissioner (OAIC) confirms it has been notified by the Woolworths Group and made aware of the MyDeal data breach.
  • Information on the breach is available on the MyDeal website here.
  • The OAIC will engage with Woolworths to ensure compliance with the requirements of the Notifiable Data Breaches (NDB) scheme in accordance with our usual process.
  • Further information on how organisations should respond to breaches is available on the OAIC website as well as advice for individuals.

Woolworths Group Partners with Gr4vy to Accelerate Payments Innovation within Its Wpay Payment Platform

Retrieved on: 
Monday, October 24, 2022

SAN MATEO, Calif., Oct. 24, 2022 /PRNewswire/ -- Gr4vy, the leading cloud-native payments infrastructure company, today announced a multi-year partnership with Woolworths Group, Australia & New Zealand's largest retailer. Gr4vy's payment orchestration platform (POP) technology will power Woolworths Group's Wpay payment platform to accelerate the company's product development and innovation agenda. This partnership will make it easy for Wpay to deploy and manage payment complexities and offer advanced payment optionality to Woolworths brands and other Wpay merchants in Australia.

Key Points: 
  • Gr4vy's payment orchestration platform (POP) technology will power Woolworths Group's Wpaypayment platform to accelerate the company's product development and innovation agenda.
  • This partnership will make it easy for Wpay to deploy and manage payment complexities and offer advanced payment optionality to Woolworths brands and other Wpay merchants in Australia.
  • Gr4vy's team collaborated with Wpay to carefully identify and deliver specific Gr4vy product and payment orchestration infrastructure capabilities to implement and enhance the already comprehensive payment platform and product offerings.
  • We redefine payments by providing an intuitive, cutting-edge payment orchestration platform (POP) that leverages the power of the Cloud to modernize payments infrastructure.

Woolworths Group Partners with Gr4vy to Accelerate Payments Innovation within Its Wpay Payment Platform

Retrieved on: 
Monday, October 24, 2022

SAN MATEO, Calif., Oct. 24, 2022 /PRNewswire/ -- Gr4vy, the leading cloud-native payments infrastructure company, today announced a multi-year partnership with Woolworths Group, Australia & New Zealand's largest retailer. Gr4vy's payment orchestration platform (POP) technology will power Woolworths Group's Wpay payment platform to accelerate the company's product development and innovation agenda. This partnership will make it easy for Wpay to deploy and manage payment complexities and offer advanced payment optionality to Woolworths brands and other Wpay merchants in Australia.

Key Points: 
  • Gr4vy's payment orchestration platform (POP) technology will power Woolworths Group's Wpaypayment platform to accelerate the company's product development and innovation agenda.
  • This partnership will make it easy for Wpay to deploy and manage payment complexities and offer advanced payment optionality to Woolworths brands and other Wpay merchants in Australia.
  • Gr4vy's team collaborated with Wpay to carefully identify and deliver specific Gr4vy product and payment orchestration infrastructure capabilities to implement and enhance the already comprehensive payment platform and product offerings.
  • We redefine payments by providing an intuitive, cutting-edge payment orchestration platform (POP) that leverages the power of the Cloud to modernize payments infrastructure.

Australia B2C Ecommerce Market Report 2022-2026: Market to Reach $79.72 Billion by 2026 from Over $50 Billion in 2022 - Marketplaces are Integrating Innovative Payment Solutions to drive Growth

Retrieved on: 
Friday, September 23, 2022

The B2Cmarket in Australia is expected to grow by 11.66% on an annual basis to reach US$52,257.4 million in 2022.

Key Points: 
  • The B2Cmarket in Australia is expected to grow by 11.66% on an annual basis to reach US$52,257.4 million in 2022.
  • The medium to the long-term growth story of the B2C Ecommerce industry in Australia promises to be attractive.
  • Looking ahead, the B2C e-commerce industry to continue to grow much faster than physical retail in Australia.
  • Regarding e-commerce marketplaces, Amazon is leading the growth in the B2C e-commerce segment.

Australia B2C Ecommerce Market Opportunities Report 2022-2026: Grocery Giant Acquires Online Marketplace to Compete with the Big Players - ResearchAndMarkets.com

Retrieved on: 
Friday, September 16, 2022

The B2C market in Australia is expected to grow by 11.66% on an annual basis to reach US$52,257.4 million in 2022.

Key Points: 
  • The B2C market in Australia is expected to grow by 11.66% on an annual basis to reach US$52,257.4 million in 2022.
  • Looking ahead, the B2C e-commerce industry to continue to grow much faster than physical retail in Australia.
  • Woolworths, the supermarket giant that allows consumers to buy groceries online, announced its plans to buy online marketplace MyDeal for A$243 million.
  • Through the acquisition of MyDeal, the firm aims to compete with big players Amazon and Kogan in Australia.