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Evergen signs major deal with next generation investor Providence Asset Group to accelerate energy revolution

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Sydney, Australia, 6 October 2020 – Australian energy-tech software business Evergen has confirmed clean energy investor Providence Asset Group will become a major new shareholder joining current backers AMP Capital and Artesian.

The latest terms will see an additional $3 million invested into Evergen through the Providence Smart Future Early Stage Venture Capital Fund, with Alan Yu, co-founder of Providence Asset Group, also joining Evergen as a Non-Executive Director.

As part of the deal, Evergen has also been appointed as the global software partner on all LAVO™ and H2Store hydrogen batteries. With the future of energy being in storage and distributed forms of energy, Evergen’s Intelligent Control software will…

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