Rinnai Australia completed the acquisition of Smart Energy Group.

Rinnai Australia, a hot water, heating and cooling solutions provider, completed the acquisition of Smart Energy Group, a renewable energy retailer that specialises in complete solar PV systems and battery storage. Financial terms were not disclosed. “Welcoming Smart Energy into the Rinnai team aligns perfectly with our vision of delivering innovative and environmentally responsible solutions to Australian households and businesses. This strategic move enables us to accelerate the adoption of renewable energy technologies across Australia, offering fully integrated solutions that combine energy efficiency with home comfort and convenience," Lucas van Raay, Rinnai Australia Managing Director.