Cannon-Brookes Single Family Office Helps Australian Burnt-Out Towns

Cannon-Brookes Single Family Office Helps Australian Burnt-Out Towns

During the summer of 2019/20, Australia faced devastating wildfires that also destroyed the local energy infrastructure. Now, the single family office of tech billionaire Mike Cannon-Brookes and Annie Cannon-Brookes launched “The Resilient Energy Collective” to support affected towns.

Building solar and battery solutions to recover energy supply

The Resilient Energy Collective builds solar and battery systems for communities in need: hundreds of towns are currently running diesel generators and face difficulties resuming normal service. The systems of the Resilient Energy Collective can be deployed within a day, are clean and resilient. The solar systems are provided by 5B, the included battery systems by Tesla. First sites are installed in Cobargo (New South Wales) and Goongerah (Victoria). The Cobargo site supplies power for radio towers, thereby saving volunteers time from refueling diesel generators. The system in Goongerah supplies the Goongerah Community Hall which is now used by locals for relief services, internet, refrigeration and more.

Cannon-Brookes family office funding operations of the collective

The single family office of Mike & Annie Cannon-Brookes is the main sponsor of the Resilient Energy Collective. “In the future, we see a world in which many remote communities operate on solar power, off-the-grid. It will be more stable, more resilient and less prone to damage,” Cannon-Brookes commented on the work of the venture. Cannon-Brookes is the co-founder and CEO of Australian software company Atlassian. His net worth is estimated to be around $8.5BN. The Cannon-Brookes family office – Grok Ventures – invests in technology companies, with a focus on energy and food businesses.

Sources
EcoGeneration, 24.02.2020
American Public Power Association (picture), 24.02.2020

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