UON announces Macquarie Bank as a strategic investor

Western Australia-based energy and water management company UON is a market leader in remote power generation and mine site de-watering. The company has 20 years of experience solving energy and water challenges in the harsh Australian environment. Through highly efficient end-to-end solutions, the company optimises operations for sites using diesel, hybrid and renewable power systems, reducing expenditure and emissions.

On 9 December 2019, UON announced Macquarie Bank as a strategic investor in the company. UON’s Executive Chairman, Mark Keogh, believes the investment, finance and development expertise of Macquarie will play an important role in the future growth of the business.

BDO in Perth was engaged by UON as the lead adviser to the deal.