CleanPeak Energy Acquires 100% of Sustainable Energy Infrastructure: 71 MWac Solar and 42 MW BESS in Australia
CleanPeak Energy Holdings has signed an agreement to acquire 100% of Sustainable Energy Infrastructure (SEI), one of Australia's largest owners of sub-5 MW distributed solar and battery assets. SEI operates 71 MWac of solar PV across 16 sites and 42 MW of BESS across 11 sites in NSW, Victoria and South Australia. The acquisition accelerates CleanPeak's national renewable energy growth strategy.
Transaction date: · Source: cleanpeakenergy.com.au
Key facts
- Transaction date
- Technology
- Solar PV, Battery Storage (BESS)
- Capacity
- 113 MW
- Transaction price
- Not disclosed
- Buyer
- CleanPeak Energy
- Country
- Australia
- Region
- New South Wales, Victoria, South Australia
- Location
- Multiple sites across New South Wales, Victoria and South Australia
- Continent
- Oceania
- Development status
- Operational
- PPA
- n.a.
Technology details
71 MWac of solar PV capacity across 16 sites and 42 MW of battery energy storage systems across 11 sites, including three solar farms integrated with battery energy systems. All assets are sub-5 MW distributed generation facilities located across the National Electricity Market (NEM).
Additional information
SEI is one of Australia's largest owners and developers of sub-5 MW solar and battery assets. Assets are geographically diversified across NSW, Victoria and South Australia. CleanPeak plans to optimise generation and unlock further value through battery expansion. The acquisition supports growth of CPEH's retail business by providing a scalable cost-effective risk management solution. CleanPeak was advised by Gresham Partners (financial) and Maddocks (legal).
Source
Original announcement: https://cleanpeakenergy.com.au/cleanpeak-energy-acquires-100-of-sustainable-energy-infrastructure-sei/