storage

Australia

Pacific Green completes sale of 250 MW Limestone Coast North battery energy park

Pacific Green Technologies has announced it has reached financial close and completed the sale of 100 percent of the shares in its Limestone Coast North Energy Park to Intera Renewables, in a deal representing an enterprise value of 460 million Australian dollars (US$293 million).
Pacific Green completes sale of 250 MW Limestone Coast North battery energy park
Courtesy of Pacific Green.

The Limestone Coast North Energy Park is Pacific Green’s 250 MW battery energy storage development and is one of two battery parks to be co-located on a site in the south-east of South Australia. It is the first of the company’s 10 GWh Australian project pipeline to reach financial close.

Ownership of the energy park will now be transferred to Intera. Gransolar Group, as Balance of Plant contractor, will begin construction this month, with commercial operations scheduled for February 2027. Notice to Proceed has also been issued to Trina Storage to supply the battery energy storage system (BESS).

Pacific Green will continue its involvement as construction manager, directing Gransolar and Trina Storage. It will also provide supply chain management and quality assurance for the project.

“With Limestone Coast North, our team has capitalised on our global footprint to create a template for the responsible development and financing of utility-scale storage in Australia” said Scott Poulter, Pacific Green’s CEO. “Key to this has been cultivating strong relationships with respected partners like Palisade and Zen Energy, Gransolar and Trina Storage who share our commitment to bringing stability to the Australian grid.”

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Pacific Green Technologies

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