CleanPeak Energy Acquires 25 MW Solar and 100 MWh BESS Portfolio in New South Wales from Fortitude Renewables

CleanPeak Energy has acquired five solar and battery energy storage development sites in New South Wales from Fortitude Renewables. The portfolio totals 25 MW of solar capacity and 100 MWh of battery storage and will support long-term corporate energy contracts, with construction planned for 2026.

Transaction date: · Source: cleanpeakenergy.com.au

Key facts

Transaction date
Capacity
25 MW
Transaction price
Not disclosed
Country
Australia
Region
New South Wales
Location
Ashley, Gunnedah, Dubbo, Culcairn, Warialda
Continent
Oceania
Development status
Under Development
PPA
Yes

Technology details

The portfolio comprises five development-stage projects, each consisting of a 5 MW solar photovoltaic plant paired with battery energy storage. In total, the projects represent 25 MW of solar capacity and 100 MWh of battery storage. Four projects have been fully acquired, while the Warialda site is pending development approval. Construction is scheduled to begin in 2026, with operations expected by early 2027.

Power purchase agreement (PPA)

Corporate power supply contracts supporting customers including Harris Farm and NAB, covering approximately 80 GWh of committed energy delivery.

Additional information

The acquisition expands CleanPeak Energy’s distributed solar and storage portfolio in New South Wales. Once operational, the projects are expected to generate approximately 90 GWh of electricity and around 85,000 Large-scale Generation Certificates (LGCs) per year. The assets will support new customer contracts, including Harris Farm and NAB, covering approximately 80 GWh of committed energy supply. The transaction is the first acquisition since CleanPeak announced its strategic partnership with KKR, which committed AUD 500 million of funding to the platform.

Source

Original announcement: https://cleanpeakenergy.com.au/cleanpeakenergy-acquires-5-new-solar-and-bess-sites-from-fortitude-renewables/

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