Greenfield

Located near Adelaide, the $222m facility will be able to ramp up its output quickly to respond to changes in renewable generation supply in South Australia.

The state’s energy infrastructure programme will include a $112m investment in a new transmission line to unlock 2GW of renewable energy projects in the north.

The $706m project could be funded by the federal government’s A$10bn National Rail Programme, pending further analysis on its economic viability.

The $650m financing package is backed by a Japan-led consortium of eight commercial lenders, with $220m in equity to be provided by the project sponsors.

The Singapore-based firm is expanding its portfolio in the country while undertaking a ‘strategic review’ of its 4.7GW portfolio of operational projects across Asia.

The investment will help a Morgan Stanley-controlled wind developer build the second phase of a 150MW project in southern India.

The European developer won the right to build two offshore wind farms off the US East Coast that could generate up to a combined 4GW.

The island expects around $58bn of investments by 2025 from the state-owned utility and the private sector to help roll out green projects.

Four institutions are providing $238m for a 150MW wind portfolio in the South Asian country, which suffers from severe power shortages.

In addition to its $52bn infrastructure budget, the federal government is setting up a project finance agency to help expand its current financing programme.