HONG KONG, April 8, 2025 /PRNewswire/ -- Vistra, a leading provider of essential business services, is proud to announce the launch of Vistra Fund Solutions. This new strategic business proposition is laser-focused on supporting Vistra's existing fund manager clients with dedicated end-to-end services delivered by specialist teams, and on realising its full potential for growth with new customers across the globe.
Using the acquisition of Phoenix American Fund Administration and Transfer Agent business in 2024 as the catalyst, Vistra has transformed its fund offering into a high-touch global service model. Vistra Fund Solutions will deliver expert services across funds and SPV administration globally, powered by world-class people who live and breathe fund solutions, and a proprietary technology platform that leverages market-leading vendor systems. The new global business proposition has been meticulously designed to deliver seamless service and high-touch support to clients wherever they are in the world and a brand experience that the market deserves.
"The launch of Vistra Fund Solutions elevates Vistra's position in the funds market and brings into sharper relief the value we offer our global clients," says Simon Webster, CEO of Vistra. "We already had a strong and powerful funds business with great people, strong capabilities and huge potential. Now it's time to realise that potential by clarifying what makes Vistra Funds Solutions different and why we're the natural partner of choice for fund administration and support anywhere in the world."
Led by Abdel Hmitti, Vistra Fund Solutions provides a vertically integrated proposition that offers products and services to support fund structures, SPVs, and other related entities, ensuring a comprehensive approach across Private Equity, Real Estate, Infrastructure, Capital Markets and Aviation services. This single-source offering allows clients to focus on value creation for investors while being supported by dedicated professional teams.
"With this new proposition, we are laser-focused on optimising our operations and investing in the business to better serve our clients' needs and support their growth," says Abdel Hmitti, President of Vistra Fund Solutions. "We have reorganised our service delivery to embed a client-centric service culture that is underpinned by a robust operating model and technology platform. Our success is driven by our world-class talent and is already being felt as we support our clients at every step of the investment lifecycle to optimise impact and returns."
This brand launch is the start of a global campaign bringing Vistra Fund Solutions to life and highlighting what the promise of 'above and beyond' service means in practice. The campaign calls out high quality, precision, flexibility and agility, to deliver exceptional results and help fund managers choose what's right for both their ambitions and the specifics of their fund operation throughout its lifecycle.
Nicholas Macksey, Partner of EQT Private Capital Asia – an investor backing Vistra – adds, "Vistra Fund Solutions is a natural evolution of the legacy Vistra business unit that served the funds market. This launch is symbolic of Vistra's commitment to supporting those clients with the dedicated, world-class and tailored end-to-end services they need for navigating complexity and achieving success on a global scale. This is a milestone for Vistra and will accelerate the growth and value of the organisation for its people, stakeholders and clients."
For more information about Vistra Fund Solutions, please visit vistra.com/funds.
About Vistra
Vistra is a leading provider of essential business services to help companies and private capital funds grow across the entire business and investment lifecycle.
Here at Vistra, our purpose is progress. As a close ally to our clients, our role is to remove the friction that comes from the complexity of global business. We partner with companies and private capital managers along the corporate and private capital lifecycle. From HR to tax and from legal entity management to regulatory compliance, we quietly fix the operational and administrative frustrations that hamper business growth. With over 9,000 experts in more than 50 markets, we can accelerate progress, improve processes, and reduce risk, wherever your ambition takes you.
For more information about Vistra, visit vistra.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Vistra launches newly-branded Vistra Fund Solutions with a promise to go above and beyond for clients
CUNDERDIN, Australia, April 11, 2025 /PRNewswire/ -- Sungrow, the global leading PV inverter and energy storage system provider is proud to have contributed to the Cunderdin Hybrid Solar PV + BESS Project, that has been officially inaugurated on April 1, 2025 by Global Power Generation Australia (GPG Australia). With a total inverter capacity of 136 MVA and a total storage capacity of 55MW / 220MWh, the project stands as Australia's largest DC-coupled solar-plus-storage installation to date and marks GPG's first hybrid project.
Strategically located in Cunderdin, Western Australia, the project features Sungrow's fully DC-coupled system architecture, which connects the PV system directly with the battery storage to form an integrated and highly efficient energy solution. This setup enhances overall energy efficiency by enabling power to flow directly from the PV array to the battery without AC conversion, minimising energy loss and improving system performance. The configuration also supports curtailment recapture, storing excess solar energy that would otherwise go unused, and enables advanced functions such as energy time shifting and ancillary services—delivering electricity during peak hours and supporting grid needs like frequency and voltage regulation.
As part of the South West Interconnected System (SWIS)—Western Australia's primary electricity network—the project plays a critical role in enhancing grid stability and renewable energy penetration. By providing peak shaving, load balancing, and real-time grid response capabilities, the system helps address the intermittency challenges of solar energy and ensures greater flexibility for the wholesale electricity market.
The project features 80 units of Sungrow's PowerTitan energy storage system, equipped with advanced liquid-cooled thermal control technology. AI-powered cell-level monitoring, combined with cluster-level balancing, ensures efficient performance and operational reliability across various conditions. The system's modular design further streamlines installation and maintenance, offering long-term adaptability.
Sungrow's extensive experience in grid connection solutions across Australia has played a key role in the successful implementation of the Cunderdin project. With globally leading grid-connection capabilities, Sungrow enables high-efficiency integration into large-scale power systems. In this case, the solution supports dynamic grid response, voltage regulation, and frequency control, ensuring smooth and stable interaction with the South West Interconnected System (SWIS).
In addition to technical excellence, Sungrow has provided end-to-end project support, including design, delivery, commissioning, and grid integration, demonstrating its role as a trusted solutions partner. The system also incorporates multi-level safety mechanisms, from cell-level thermal control to system-level fault detection and isolation, making it robust enough for utility-scale deployment.
The Cunderdin project also reflects the shared strategic vision of Sungrow and their client GPG in advancing the clean energy transition in Australia. For GPG, it strengthens the company's sustainable infrastructure portfolio in one of the world's most dynamic renewable energy markets. For Sungrow, the project affirms its technical leadership, commercial delivery capability, and long-term commitment to the Australian energy landscape. "We are proud to support GPG in delivering one of the most advanced solar and storage projects in Australia, reaffirming Sungrow's commitment to accelerating the global clean energy transition," Joe Zhou, Country Director of Sungrow Australia, stated.
After several months of commissioning tests, the project reached full commercial operation in March 2025 and is now exporting 100% power to the grid. It stands as a landmark achievement in Australia's clean energy journey, further reinforcing Sungrow's position at the forefront of global solar-storage innovation.
About GPG
Global Power Generation (GPG), a subsidiary of Naturgy Group, develops and operates electricity generation assets worldwide. GPG focuses on high-efficiency, low-emission technologies, with a growing portfolio of renewable and sustainable projects.
About SWIS
The South West Interconnected System (SWIS) is Western Australia's main electricity network, supplying power to major metropolitan and regional areas. It is central to the state's energy infrastructure and plays a critical role in enabling renewable energy integration.
About Sungrow
Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 28 years. As of December 2024, Sungrow has installed 740 GW of power electronic converters worldwide. The Company is recognized as the world's No. 1 on PV inverter shipments (S&P Global Commodity Insights) and the world's most bankable energy storage company (BloombergNEF). Its innovations power clean energy projects in over 180 countries, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we're committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit: www.sungrowpower.com.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Sungrow plays a key role in Australia's Largest Operational DC-Coupled Solar-Storage Project inaugurated by Global Power Generation in Cunderdin
Sungrow plays a key role in Australia's Largest Operational DC-Coupled Solar-Storage Project inaugurated by Global Power Generation in Cunderdin
