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.

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