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Energy Finance & Investment News in Australia

Oakey 2 solar farm in Queensland reaches financial close

Oakey 2 solar farm in Queensland reaches financial close

🕔Jan 4, 2018

Canadian Solar has announced that the Oakey 2 solar farm in Queensland, Australia has reached financial close with the Clean Energy Finance Corporation (CEFC) for a facility commitment of approximately AUD55 million (US$42.8 million).

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Snowy 2.0 feasibility study approved

Snowy 2.0 feasibility study approved

🕔Dec 28, 2017

Snowy Hydro’s independent Board of Directors has approved the Snowy 2.0 feasibility study, and for further work to be undertaken for the project to progress to a final investment decision in 2018.

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IPPToday #123: Goldwind secures financing for largest wind project in Australia

IPPToday #123: Goldwind secures financing for largest wind project in Australia

🕔Dec 26, 2017

Goldwind Australia, a subsidiary of Chinese wind turbine manufacturer, has secured nearly AUD700 million (US$536 million) project financing  for construction of Australia’s largest wind farm, the 530-MW Stockyard Hill Wind Farm, located in Western Victoria.

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CIP enters into partnership with Offshore Energy for Australian offshore wind project

CIP enters into partnership with Offshore Energy for Australian offshore wind project

🕔Dec 6, 2017

Offshore Energy Pty Ltd. (Offshore Energy) and Copenhagen Infrastructure Partners (CIP), on behalf of the fund Copenhagen Infrastructure III K/S (CI III), announced that they have entered into a partnership regarding the continued development of Australia’s first offshore wind farm, the Star of the South. The project has so far been developed solely by Offshore Energy.

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IPPToday #107: Victoria launches 650-MW reverse renewable auction

IPPToday #107: Victoria launches 650-MW reverse renewable auction

🕔Nov 27, 2017

The Minister for Energy, Environment and Climate Change Lily D’Ambrosio has opened the competitive reverse auction that will deliver up to 650 MW of large-scale renewable energy for Victoria.

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ACCIONA signs financing for wind farm in Victoria

ACCIONA signs financing for wind farm in Victoria

🕔Nov 22, 2017

Instituto de Crédito Oficial (ICO) and ACCIONA have signed an agreement for a loan of AUD75 million (US$56 million) to finance the construction and start-up of the Mt. Gellibrand wind farm in the State of Victoria.

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Fin close reached on 1st phase of Nexif's 212 MW wind project in S Australia

Fin close reached on 1st phase of Nexif's 212 MW wind project in S Australia

🕔Nov 14, 2017

Nexif Energy has announced that it has reached financial close for the first stage of the Lincoln Gap Wind Farm in Australia.

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Debt pricing for Emerald Solar Farm emerges

Debt pricing for Emerald Solar Farm emerges

🕔Nov 3, 2017

RES Australia announced Emerald Solar Park has reached financial close for both equity and debt on October 24, 2017.

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Kennedy hybrid project reaches financial closure

Kennedy hybrid project reaches financial closure

🕔Oct 26, 2017

The Kennedy hybrid project reached financial closure in September this year, a power purchase agreement for a period of 10 years with CS Energy for all of its electricity and some of the Large-Scale Generation Certificates.

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GIP-led group acquires 100% of Equis Energy

GIP-led group acquires 100% of Equis Energy

🕔Oct 25, 2017

Global Infrastructure Partners (GIP), an independent global infrastructure investor, has announced that its fund, Global Infrastructure Partners III - in conjunction with the Public Sector Pension Investment Board (PSP Investments), one of Canada’s largest pension investment managers, CIC Capital Corporation and a group of its other Limited Partner Co-Investors - has agreed to acquire 100 percent of the equity interests in the wind and solar renewable energy portfolio of Equis Funds Group for US$5.0 billion (including assumed liabilities of US$1.3billion).

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Adani to develop Wyalla Solar Farm in South Australia

Adani to develop Wyalla Solar Farm in South Australia

🕔Oct 9, 2017

Indian energy utility Adani Group has received the go-ahead  for the construction of its 140-megawatt solar farms in Whyalla.

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Foresight Group's joint-venture buys Bannerton solar

Foresight Group's joint-venture buys Bannerton solar

🕔Oct 3, 2017

Foresight Solar Fund Limited has entered into a binding contract to acquire its first asset outside of the UK with a commitment to acquire 48.5% of the share capital of Bannerton Solar Farm in Victoria, Australia.

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FRV reaches FC for the 100 MW Lilyvale solar farm in Queensland

FRV reaches FC for the 100 MW Lilyvale solar farm in Queensland

🕔Oct 2, 2017

Fotowatio Renewable Ventures (FRV) has announced the financial close of the 100 MWac Lilyvale Solar Farm, located near Emerald in Queensland.

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WIRSOL acquires 110MW Wemen solar project in Victoria

WIRSOL acquires 110MW Wemen solar project in Victoria

🕔Sep 18, 2017

WIRSOL Energy Pty Ltd. part of WIRCON group, has started yet another new utility scale solar project in Australia. The company plans to start construction during Q4 2017, delivering an overall DC installed capacity of approx. 110MW.

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IPPToday #55: Five companies shorlisted for large solar farm in Queensland

IPPToday #55: Five companies shorlisted for large solar farm in Queensland

🕔Sep 12, 2017

The Goverment of Queensland has shortlisted a total of 5 companies for the development of the Aldoga renewable energy project, with a projected capacity of 450 MW.

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ARENA​ ​to​ ​help​ ​fund​  ​30 MW​ ​South Australia​ ​battery project

ARENA​ ​to​ ​help​ ​fund​ ​30 MW​ ​South Australia​ ​battery project

🕔Sep 5, 2017

A​ ​new​ ​large-scale​ ​battery,​ ​​will​ ​be​ ​built​ ​in​ ​South​ ​Australia​ ​with​ ​support​ ​from the​ ​Australian​ ​Renewable​ ​Energy​ ​Agency​ ​(ARENA).

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South Australia launches call for proposals under Renewable Technology Fund

South Australia launches call for proposals under Renewable Technology Fund

🕔Sep 1, 2017

The State Government of South Australia is calling for expressions of interest (EOI) from businesses interested in accessing a share of a AUD150 million (US$119 million) Renewable Technology Fund (RTF).

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IPPToday #47: Queensland's Renewables 400 program attracts strong interest

IPPToday #47: Queensland's Renewables 400 program attracts strong interest

🕔Aug 30, 2017

The Queensland Government’s auction for 400MW of large-scale renewable energy generation and storage has attracted interest from more than 200 business, including project developers, investors and local small businesses.

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IPPToday #46: Feasibility study underway for 2-GW Aussie pumped hydro project

IPPToday #46: Feasibility study underway for 2-GW Aussie pumped hydro project

🕔Aug 29, 2017

The Australian Government has confirmed an agreement between the Australian Renewable Energy Agency (ARENA) and Snowy Hydro had been reached to drive planning for the construction of the project and insight for future pumped hydro projects into the future.

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IPPToday #43: Victoria announces 650 MW auction

IPPToday #43: Victoria announces 650 MW auction

🕔Aug 24, 2017

The southern Australian state of Victoria has unveiled the first of its large scale renewable energy auctions in the first major move towards the country's most ambitious renewable energy target of 40% by 2025.

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