Pacific Green Signs a Landmark Offtake Framework Agreement with Re2 Capital to Support 2GWh of BESS Projects in Australia
Pacific Green Technologies (PGTK) has signed a significant framework agreement with Re2 Capital for capacity revenue swap arrangements across four Battery Energy Storage System (BESS) projects in Australia. The 7-10 year agreement will support 2GWh of new storage capacity across South Australia, Victoria, New South Wales, and Queensland.
This industry-first agreement, combined with the company's recent 1.5GWh agreement with ZEN Energy, brings Pacific Green's total revenue-underwritten capacity to 3.5GWh in Australia. The deal represents a crucial advancement in Pacific Green's development of its 7GWh Australian project portfolio and aims to strengthen the National Electricity Market while supporting renewable energy integration.
[ "Secured revenue underwriting for 2GWh of battery storage capacity through Re2 Capital agreement", "Total revenue-underwritten capacity reaches 3.5GWh with combined Re2 and ZEN Energy agreements", "Long-term revenue stability with 7-10 year capacity revenue swap arrangements", "Geographic diversification across four Australian states" ]Pacific Green Technologies (PGTK) ha firmato un importante accordo quadro con Re2 Capital per accordi di scambio di ricavi sulla capacit脿 in quattro progetti di Sistemi di Accumulo di Energia a Batteria (BESS) in Australia. L'accordo, della durata di 7-10 anni, supporter脿 2GWh di nuova capacit脿 di accumulo in Australia Meridionale, Victoria, Nuovo Galles del Sud e Queensland.
Questo accordo, il primo nel suo genere nel settore, unito al recente accordo da 1,5GWh con ZEN Energy, porta la capacit脿 totale garantita da ricavi di Pacific Green a 3,5GWh in Australia. L'intesa rappresenta un progresso fondamentale nello sviluppo del portafoglio di progetti australiani da 7GWh di Pacific Green e mira a rafforzare il Mercato Elettrico Nazionale, sostenendo l'integrazione delle energie rinnovabili.
- Garanzia di ricavi per 2GWh di capacit脿 di accumulo batteria tramite l'accordo con Re2 Capital
- Capacit脿 totale garantita da ricavi raggiunge 3,5GWh con gli accordi combinati Re2 e ZEN Energy
- Stabilit脿 dei ricavi a lungo termine con accordi di scambio di ricavi sulla capacit脿 di 7-10 anni
- Diversificazione geografica in quattro stati australiani
Pacific Green Technologies (PGTK) ha firmado un importante acuerdo marco con Re2 Capital para acuerdos de intercambio de ingresos por capacidad en cuatro proyectos de Sistemas de Almacenamiento de Energ铆a en Bater铆as (BESS) en Australia. El acuerdo, con una duraci贸n de 7 a 10 a帽os, apoyar谩 2GWh de nueva capacidad de almacenamiento en Australia Meridional, Victoria, Nueva Gales del Sur y Queensland.
Este acuerdo pionero en la industria, junto con el reciente acuerdo de 1,5GWh con ZEN Energy, eleva la capacidad total garantizada por ingresos de Pacific Green a 3,5GWh en Australia. El acuerdo representa un avance crucial en el desarrollo del portafolio de proyectos australianos de 7GWh de Pacific Green y busca fortalecer el Mercado Nacional de Electricidad apoyando la integraci贸n de energ铆as renovables.
- Garant铆a de ingresos para 2GWh de capacidad de almacenamiento de bater铆as mediante el acuerdo con Re2 Capital
- Capacidad total garantizada por ingresos alcanza 3,5GWh con los acuerdos combinados de Re2 y ZEN Energy
- Estabilidad de ingresos a largo plazo con acuerdos de intercambio de ingresos por capacidad de 7 a 10 a帽os
- Diversificaci贸n geogr谩fica en cuatro estados australianos
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鞐呹硠 斓滌磮鞚� 鞚� 瓿勳暯瓿� 斓滉芳 ZEN Energy鞕� 觳搓舶頃� 1.5GWh 瓿勳暯鞚� 頃╈箻氅� Pacific Green鞚� 順胳＜ 雮� 齑� 靾橃澋 氤挫灔 鞖╇焿鞚� 3.5GWh鞐� 雼暕雼堧嫟. 鞚� 瓯半灅電� Pacific Green鞚� 7GWh 順胳＜ 頂勲鞝濏姼 韽姼韽措Μ鞓� 臧滊皽鞐� 欷戩殧頃� 歆勳爠鞚� 鞚橂頃橂┌, 甑皜 鞝勲牓 鞁滌灔鞚� 臧曧檾頃橁碃 鞛儩 鞐愲剤歆� 韱淀暕鞚� 歆�鞗愴晿電� 瓴冹潉 氇╉憸搿� 頃╇媹雼�.
- Re2 Capital 瓿勳暯鞚� 韱淀暅 2GWh 氚绊劙毽� 鞝�鞛� 鞖╇焿 靾橃澋 氤挫灔 頇曤炒
- Re2 氚� ZEN Energy 瓿勳暯鞚� 頃╈硱 齑� 3.5GWh 靾橃澋 氤挫灔 鞖╇焿 雼劚
- 7~10雲� 鞖╇焿 靾橃澋 鞀れ檻 瓿勳暯鞙茧 鞛リ赴 靾橃澋 鞎堨爼靹� 頇曤炒
- 順胳＜ 4臧� 欤检棎 瓯胳箿 歆�毽爜 雼り皝頇�
Pacific Green Technologies (PGTK) a sign茅 un accord-cadre important avec Re2 Capital pour des arrangements d鈥櫭ヽhange de revenus de capacit茅 concernant quatre projets de syst猫mes de stockage d鈥櫭﹏ergie par batterie (BESS) en Australie. Cet accord de 7 脿 10 ans soutiendra 2GWh de nouvelle capacit茅 de stockage dans l鈥橝ustralie-M茅ridionale, Victoria, Nouvelle-Galles du Sud et Queensland.
Ce premier accord de ce type dans l鈥檌ndustrie, combin茅 au r茅cent contrat de 1,5GWh avec ZEN Energy, porte la capacit茅 totale garantie par les revenus de Pacific Green 脿 3,5GWh en Australie. Cet accord repr茅sente une avanc茅e cruciale dans le d茅veloppement du portefeuille de projets australiens de 7GWh de Pacific Green et vise 脿 renforcer le march茅 national de l鈥櫭﹍ectricit茅 tout en soutenant l鈥檌nt茅gration des 茅nergies renouvelables.
- Revenus garantis pour 2GWh de capacit茅 de stockage par batterie gr芒ce 脿 l鈥檃ccord avec Re2 Capital
- Capacit茅 totale garantie par les revenus atteignant 3,5GWh gr芒ce aux accords combin茅s avec Re2 et ZEN Energy
- Stabilit茅 des revenus 脿 long terme avec des arrangements d鈥櫭ヽhange de revenus de capacit茅 de 7 脿 10 ans
- Diversification g茅ographique 脿 travers quatre 茅tats australiens
Pacific Green Technologies (PGTK) hat einen bedeutenden Rahmenvertrag mit Re2 Capital 眉ber Kapazit盲tsumsatztauschvereinbarungen f眉r vier Batterie-Energiespeichersysteme (BESS) in Australien unterzeichnet. Der 7- bis 10-Jahres-Vertrag wird 2GWh neue Speicherkapazit盲t in S眉daustralien, Victoria, New South Wales und Queensland unterst眉tzen.
Diese branchenweit erste Vereinbarung, kombiniert mit dem j眉ngsten 1,5GWh-Abkommen mit ZEN Energy, bringt die von Pacific Green insgesamt abgesicherte umsatzunterlegte Kapazit盲t in Australien auf 3,5GWh. Der Deal stellt einen wichtigen Fortschritt in der Entwicklung des 7GWh australischen Projektportfolios von Pacific Green dar und zielt darauf ab, den National Electricity Market zu st盲rken und die Integration erneuerbarer Energien zu unterst眉tzen.
- Absicherung von Umsatzerl枚sen f眉r 2GWh Batteriespeicherkapazit盲t durch Re2 Capital Vereinbarung
- Gesamt abgesicherte Kapazit盲t erreicht 3,5GWh durch kombinierte Vereinbarungen mit Re2 und ZEN Energy
- Langfristige Umsatzstabilit盲t mit 7- bis 10-j盲hrigen Kapazit盲tsumsatztauschvereinbarungen
- Geografische Diversifizierung 眉ber vier australische Bundesstaaten
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Sydney, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc., a global leader in battery energy storage solutions, is pleased to announce that its Australian battery storage business has signed a landmark framework agreement with Re2 Capital Ltd. (鈥淩e2鈥�). The agreement covers seven to 10-year capacity revenue swap arrangements across four Battery Energy Storage System (BESS) projects located in South Australia, Victoria, New South Wales, and Queensland, in support of 2GWh of new storage capacity.
This industry-first agreement marks a major milestone in Pacific Green鈥檚 growth trajectory, significantly accelerating the route to market for its 7GWh Australian project portfolio.
Scott Poulter, Group CEO of Pacific Green, commented:
鈥淔ollowing our recent agreement with ZEN Energy for 1.5GWh, we are delighted to now also sign this first-of-its-kind framework agreement with Re2 for 2GWh in Australia.鈥�
鈥淐ombined, these strategic framework agreements with Re2 and ZEN Energy enable Pacific Green to guarantee revenue underwriting 3.5GWh of battery projects in Australia and signify a major milestone for Pacific Green鈥檚 development business.鈥�
Richard Oduntan, CEO of Re2 Capital commented:
鈥淭his framework agreement with Pacific Green is a milestone for both companies and the wider energy market. Through this framework agreement, we hope to further enable the development of critical infrastructure that will strengthen the National Electricity Market in Australia and facilitate continued renewable energy penetration.鈥�
Scott Poulter, Chairman & CEO Pacific Green Technologies, Inc. T: +1 (302) 601-4659
FAQ
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