Pacific Green has completed the sale of its Limestone Coast North Energy Park to Intera Renewables in a transaction valued at $460 million. The project, located in southeastern South Australia, is part of Pacific Green’s 10GWh Australian battery energy storage system (BESS) pipeline and the first in the region to reach financial close.
Intera Renewables, a renewable energy platform primarily owned by funds managed by Palisade Investment Partners, has officially taken ownership. With the deal finalized, construction is set to begin this month, with commercial operations targeted for February 2027.
Gransolar Group has been appointed as the Balance of Plant contractor, while Trina Storage will supply the 250MW/500MWh BESS. Pacific Green will retain its role as construction manager, leveraging its Shanghai-based support team for supply chain management and quality assurance.
The company has overseen the project from site acquisition and grid approvals to procurement and securing a long-term offtake agreement with Zen Energy. CEO Scott Poulter stated that Pacific Green’s global partnerships have helped establish a framework for developing and financing large-scale energy storage projects in Australia.
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