EnergyWatch

Swiss Partners Group invests big in green platform in Australia

A large Vestas wind farm is nearly operational, but the next project will use competitor's turbines. A total of 1.3 GW in wind, solar and energy-storage projects can be installed.

The first co-development with Sapphire Wind is soon expected to be fully operational. | Photo: CWP Renewables

Swiss investment manager Partners Group is investing AUD 700 million (EUR 453 million) in the development of green energy in Australia. These millions will be invested in VE platform Grassroots, and, along with Australian project developer CWP Renewables, wind, solar and energy storage at capacity over 1.3 GW will be installed over the next four years, announces Partner Group.

There has actually been something of a head start. Back in 2016, the investment manager entered CWP's project, Sapphire Wind, which had already installed a portion of the 75 Vestas type V126-3,6 turbines. The project's operational capacity at that point was at around 100 out of the 270 MW that are expected to be completed in July. An additional 200 MW solar farm as well as battery capacity will also be installed at Sapphire Wind.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ørsted joins the lottery for Thor

The regional director for Europe confirms that the company was among the bidders who are prepared to pay the state treasury to set up the 1,000MW offshore wind farm Thor.

Further reading

Related articles

Latest News

See all jobs