Gentrack supports Amber fund-raise
Gentrack Group Ltd | ARBN 169 195 751
Gentrack Group
17 Hargreaves Street, St Marys Bay Auckland 1011,
PO Box 3288, Auckland 1140, New Zealand
Ph: +64 9 966 6090 Email:
info@gentrack.com
www.gentrack.com
29 May 2025
Gentrack supports Amber fund-raise to accelerate global expansion of smart energy tech
Gentrack Group Limited (NZX/ASX:GTK) has entered into a contract to make a further
investment of AUD4.5m in Amber (https://www.amber.com.au/) as part of an AUD45m
funding round.
In February 2024, Amber and Gentrack announced a strategic partnership, with Gentrack
investing AUD12m in Amber as part of a Series C funding round. Gentrack and Amber’s
partnership positions both businesses to together meet the rising global demand for
customer-centric, smart energy services. Amber’s strategy includes licensing its
technology through Gentrack’s global network of utility customers, offering bundled
solutions that combine Gentrack’s billing and CRM systems with Amber’s automation
software.
About Amber
Amber is an Australian technology company and electricity retailer with a mission to shift
the world to 100% renewables. Amber gives customers access to the real-time dynamic
electricity prices and the technology to automate their home batteries and EVs to use
more cheap, renewable power when it’s available in the grid, and sell their excess
renewable energy back to the grid at the same price as the big generators earn. Our
customers capture the full value of their home batteries and EVs in the energy market
while accelerating the renewable transition.
https://www.amber.com.au/
About Gentrack
We are entering a new era, with utilities worldwide transforming to meet business and
sustainability targets. For over 35 years Gentrack has been partnering with the world’s
leading utilities, and more than 60 energy and water companies rely on us.
Gentrack, with our partners Salesforce and AWS, are leading today’s transformation with
g2.0, an end-to-end product-to-profit solution. Using low code / no code, and
composable technology, g2.0 allows utilities to launch new propositions in days, reduce
cost-to-serve and lead in total experience.
https://www.gentrack.com
ENDS
Gentrack Group Ltd | ARBN 169 195 751
Contact details regarding this announcement:
Anna Ellis
Company Secretary
Gentrack Group Limited
+64 9 966 6090
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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