Overview
- The syndicated debt runs for 24 months to advance a 7 GWh development pipeline and expand Pacific Green’s presence in Australia’s National Electricity Market.
- A 10-year tolling agreement with ZEN Energy covers three projects totaling 1.5 GWh across Victoria, New South Wales and Queensland.
- A letter of intent with Trina Storage provides for 1,500 MWh of battery systems across multiple sites.
- Pacific Green previously secured planning for the 500 MW/1,500 MWh Limestone Coast project, later sold to Intera Renewables for AU$460 million.
- The latest AEMO outlook identifies battery storage as the NEM’s most reliable clean energy technology, supporting the sector’s investment case.