Coterie Capital advises RedEarth Energy Storage on its $40m takeover

Sydney, 8th December 2025

Coterie Capital is proud to be advising RedEarth Energy Storage Ltd on its reverse takeover of Health and Plant Protein Group Limited, by way of an off-market takeover bid.

The transaction implies a combined group value of approximately $40m and will strengthen RedEarth’s access to capital to support its growth and continued expansion.

RedEarth is strategically positioned in the global energy transition, meeting the rapidly increasing demand for reliable, scalable battery storage across residential, commercial, and industrial sectors. Its core mission is to empower energy consumers with independence from traditional grids, drive the decarbonisation of the energy sector, and deliver solutions for both on-grid and off-grid environments.

Health and Plant Protein Group Limited has now acquired more than 90% of RedEarth Energy Storage Ltd’s shares and has commenced the compulsory acquisition process to acquire the remaining RedEarth shares.

Congratulations to Marc Sheldon, Brett Wayne, and the RedEarth Board. We look forward to watching the next chapter unfold.