Spark $5.2bn takeover secures foreign investment approval
Spark Infrastructure looks set to be sold off with the Foreign Investment Review Board giving its tick of approval for a North American consortium led by private equity giant Kohlberg Kravis Roberts to acquire the Australian electricity network operator.
Australian first with 3 GW Central-West Orana REZ formally declared
Australia’s first coordinated renewable energy zone is to be built in the New South Wales central west with the state government revealing the Central-West Orana REZ, which will deliver at least 3 GW of renewable energy into the grid, has been formally declared.
Former AGL chief appointed to head up Transgrid
Brett Redman, the former CEO of Australian energy utility AGL has been named as the new chief executive officer at electricity network operator Transgrid.
Contracts are out for major SA construction works on Project EnergyConnect
Nothing if not critical, the 900 km renewable energy transporter is inching towards shovel time. This weekend ElectraNet awarded transmission and substation contracts for South Australia’s piece of the electron super highway to Australia’s National Electricity Market.
NSW gives Australia’s biggest transmission project green light
Transmission network operator Transgrid has secured state government approval for a “critical” $2.28 billion electricity interconnector that will link the New South Wales and South Australian energy networks for the first time.
TransGrid on track with critical infrastructure upgrades
Transmission network operator TransGrid has confirmed works on two high priority electricity infrastructure projects which will allow for more renewable energy to be connected to the National Electricity Market have reached major milestones.
Australia’s first privately funded big battery to be hosted in Melbourne
Lumea is planning the first big battery to be financed without any government support at Melbourne’s Deer Park Energy Hub.
Renewable transmission superhighway, EnergyConnect, clears final hurdle
South Australian transmission company ElectraNet on Monday announced it will invest $457.4 million to deliver the its section of the Project EnergyConnect, the high-voltage electricity transmission interconnector between South Australia and New South Wales.
Critical energy transition infrastructure gets the regulatory green light!
TransGrid and ElectraNet have shovels at the ready to begin work on the long-planned and hard-won Project EnergyConnect, which will link three Australian states with much needed capacity for transmission of renewable energy.
AEMC hands down final decision on cashflow rule change
The Australian Energy Market Commission has again rejected requests from transmission network operators TransGrid and ElectraNet to allow for a change of rules governing financing arrangements for large-scale transmission projects considered critical for Australia’s shift to 100% renewables.
