Australian contracting group Cimic is getting into the solar power business with the acquisition, through its company Pacific Partnerships, of the development rights for Glenrowan Solar Farm in northern Victoria.
Cimic’s first big solar farm, the 245-hectare facility will have an installed capacity of up to 125MW and is expected to generate enough electricity to power some 45,000 homes.
Pacific Partnerships will develop, invest in, and manage Glenrowan Solar Farm, with Cimic Group company UGL to undertake construction, operations and maintenance.
“Cimic is committed to supporting Australia’s energy transition, and is pursuing large-scale renewable generation, storage and generation assets,” said Cimic Group executive chairman Juan Santamaria.
“Pacific Partnerships is actively driving our strategic expansion into the emissions free, renewable energy sector.”
Pacific Partnerships managing director Simon Nicholls said: “The acquisition of the development rights to Glenrowan Solar Farm is part of our strategy to establish a diversified portfolio of energy and utilities assets within the National Electricity Market.”
Glenrowan Solar Farm development rights were purchased from Australian renewable energy developer and asset manager, ESCO Pacific. Grid connection and services agreements are in place with the Victorian transmission network operator (AusNet) and the Australian Energy Market Operator (AEMO).