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Gippsland Skies Offshore Wind Project, Australia

Description

The project is being developed and currently owned by AGL Energy, DIRECT Infrastructure, Mainstream Renewable Power and Reventus Power. The company’s ownership stake in the project stands as 35%, 35%, 20% and 10% respectively. The turbines will be mounted on fixed type foundations.

Development status

The project construction is expected to commence from 2026. Subsequent to that it will enter into commercial operation by 2030.

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About AGL Energy

AGL Energy Ltd (AGL) is an integrated energy company, which owns, operates, and develops energy assets and provides natural gas, electricity, solar photovoltaic solutions, and related products and services. The company’s power generation portfolio includes coal, gas, hydro, wind, solar, landfill and biomass-based power generation facilities. The company also invests in and operates natural gas exploration, development and production tenements and operates natural gas storage facilities. It also offers telecommunication services including mobile and internet. The company serves wholesale markets, consumer markets, and business customers in New South Wales, Victoria, South Australia, and Queensland in Australia. AGL is headquartered in Sydney, Australia.

About DIRECT Infrastructure

DIRECT Infrastructure is an operator of wind power generation project that specializes in providing electricity production, development, management, distribution and other renewable services. It is headquartered in Sydney, New South Wales, Australia.

About Mainstream Renewable Power

Mainstream Renewable Power Ltd (Mainstream) is the renewable energy developer. The company carries out the development, finance, construction, and operation of large-scale renewable energy plants. It also develops and builds onshore, and offshore wind and solar power plants. Mainstream sold its projects to global utilities such as EDF Group and Orsted, and infrastructure funds, pension funds, and global brands. It has partnership with governments, developers, communities and financers. The company operates through its offices across Ireland, Australia, Vietnam, the Philippines, Canada, Egypt, England, Scotland, Ghana, Senegal, the US, Chile and South Africa, among others. Mainstream is headquartered in Sandyford, Dublin, Ireland.

About Reventus Power

Reventus Power Ltd (Reventus Power) is a provider of investment solutions. The company invests in offshore energy infrastructure and wind projects. It aims to establish energy transition-infrastructure deals and investments in carbon capture, utilization and storage (CCUS), blue and green hydrogen technologies. It offers commodity, market analysis, risk management advice, and other commercial and technical services. The company’s investment portfolio includes Pattern Energy, Maple Power, Cordelio Power, Renewable Power Capital, and Octopus Energy, among others. Reventus Power is headquartered in London, England, the UK.

This content was updated on July 26, 2024

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