Overview
- Binding agreements will see La Caisse buy Edify and provide equity to deliver two ready-to-build hybrid projects totaling 900 MW of generation and 3,600 MWh of storage.
- Power from the new projects has secured offtakes with Rio Tinto and the Commonwealth of Australia.
- The commitment is intended to accelerate execution across Edify’s development pipeline of more than 11 GW of hybrid and battery storage projects.
- Edify, founded in 2015, has completed 11 projects totaling over 1.1 GW and pioneered Australia’s first utility‑scale solar‑plus‑battery project in 2018.
- La Caisse identifies Australia as a priority market, with existing stakes in assets such as Sydney Metro, Port of Brisbane, and Transgrid.