The Stage Three group will surpass Stage One as the most considerable contracted load (in aggregate) as part of Australia’s largest multi-asset, multi-state PPA. It is also the first consortium to sign for green rights beyond 2030.
The assets signed on for Stage Three include Port of Melbourne, Lochard Energy, Nexus Hospital, Healius Limited, Sydney Airport, Adelaide Airport, and PRP Diagnostic Imaging.
Iberdrola and Squadron Energy have been chosen as the energy suppliers for Stage Three. They will join Origin Energy and Stanwell, who are already suppliers for the assets that joined the program in Stages One and Two. All of these companies have substantial solar assets in their portfolios.
CORE Markets, an independent renewable energy, markets, and sustainability advisory firm, structured the deals.
Ross Israel, head of global infrastructure at QIC, believes the program will reduce the carbon footprint of some of Australia’s…
