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Project Constellation Wind Farms

Sector: Energy Storage • Location: South Australia, Victoria, Australia

Source: AFR

Project
Planned

AGL Energy is selling majority stakes in three wind farms totaling 1.7 gigawatts capacity: the 831-megawatt Pottinger wind farm and battery in South Australia, the 600-megawatt Hexham wind farm in Victoria, and the 304-megawatt Barn Hill wind farm. The portfolio could be worth as much as $5 billion. AGL will develop the wind farms to the 'notice to proceed' stage before selling down into an invest

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The project “Project Constellation Wind Farms” is an infrastructure initiative in the Energy Storage sector, located in South Australia, Victoria, Australia. Taiyo aggregates data on it from AFR.

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planned

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Description

Description

AGL Energy is selling majority stakes in three wind farms totaling 1.7 gigawatts capacity: the 831-megawatt Pottinger wind farm and battery in South Australia, the 600-megawatt Hexham wind farm in Victoria, and the 304-megawatt Barn Hill wind farm. The portfolio could be worth as much as $5 billion. AGL will develop the wind farms to the 'notice to proceed' stage before selling down into an investment vehicle at a pre-agreed valuation, retaining a minority stake and managing construction, asset management, and dispatches. Most construction and operation risk will be borne by private capital investors. The projects will have their own non-recourse financing.

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High

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