Solar PV

110 MW

Foresight Solar Fund Ltd

$160mil

Under Construction

Bannerton

VIC

-


Description:

The site covers 192 ha and will be constructed using some 319,406 solar panels. In September 2017 the project was acquired from Syncline Energy by Foresight Group on behalf of partners Foresight Solar Fund Limited (“FSFL”), KDB Infrastructure Investments Asset Management Co. Ltd (“KIAMCO”) and Hanwha Energy Corporation (“Hanwha”). The Bannerton project was successful in the tender to provide clean power to the Melbourne Tram network, supporting Victoria State’s target of 40% renewable energy by 2025.

Major Contractors/Suppliers:

EPC/O&M: CIMIC
PPA: Alinta
LGC Sale & Purchase Agreement: Victorian Government

Updates:

  • 2018, May : Application made for a generation licence
  • 2018, Jan : Construction started
  • 2017, Oct : CEFC to provide ~$98mil debt finance
  • 2017, Sep : Project acquired from Syncline Energy by Foresight Solar Fund Ltd
  • 2017, Aug : Awarded one of two contracts by Victorian state government to supply solar power to Melbourne’s tram network

* Please advise us of any errors or out of date information. While every effort is made to ensure the accuracy and currency of the information provided, Altenergy accepts no liability or responsibility for the contents of www.altenergy.com.au (click here for full Terms & Conditions)


approximate representation only

Ricardo Piñeiro

Name : Ricardo Piñeiro

Title : Partner

Phone : -

Email : [email protected]



* Please advise us of any errors or out of date information. While every effort is made to ensure the accuracy and currency of the information provided, Altenergy accepts no liability or responsibility for the contents of www.altenergy.com.au (click here for full Terms & Conditions)