ESCO Pacific is pleased to announce it has completed the sale of its Moura Solar Farm (QLD) with European investor Mytilineos SA (RIC: MYTr.AT, Bloomberg: MYTIL.GA, ADR: MYTHY US). The Moura Solar Farm is backed by a long term PPA and is shovel-ready with a committed grid connection.
ESCO Pacific is pleased to announce the appointment of Mark Shilliday in a newly created role as Head of Strategic Projects. Mark joins the business from AEMO where he was Head of Connections with responsibility for overseeing all new generator connections within the NEM.
In his new role at ESCO Pacific, Mark will be responsible for strategically evaluating network and battery optimisation opportunities within ESCO Pacific's burgeoning pipeline while in addition identifying new opportunities for pipeline growth.
Steven Rademaker, CEO of ESCO Pacific, said that:
"Mark's system and network knowledge is second to none. He has a proven ability to navigate complex and challenging network arrangements and we are delighted to have someone of Mark's calibre join the business"
Mark Shilliday, Head of Strategic Projects at ESCO Pacific, said that:
"I am really delighted to be joining ESCO Pacific. I look forward to playing a valuable role in the continued success of the company and ensuring ESCO Pacific continues to play a key role in the energy transition within Australia."
Further, ESCO Pacific recently surpassed 2.0GW of pipeline growth as the business continues to expand across the NEM. CEO Steven Rademaker added further 11Surpassing 2.0GW of pipeline is a testament to our strong internal development capabilities and a reflection of the hard work our Team has put in over the past twelve months".
"As our pipeline continues to advance, further updates will be provided as more advanced projects come to market".
About ESCO Pacific
ESCO Pacific is one of Australia’s leading ground mounted solar farm developers and operators with over 496MW of projects currently operational, 185MW committed and in construction and a further 1.1GW in advanced stages of development. Shell acquired a 49% interest in ESCO Pacific in December 2019. The ESCO Pacific team is comprised of infrastructure, development, grid connection and finance professionals with market leading experience in developing, and delivering to market, high quality utility scale solar farms.
ESCO Pacific is pleased to announce it has completed the sale of its Wyalong Solar Farm (NSW) to European investor Mytilineos SA (RIC: MYTr.AT, Bloomberg: MYTIL.GA, ADR: MYTHY US). The Wyalong Solar Farm is backed by a long term PPA and is shovel-ready with a committed grid connection.
ESCO Pacific and Shell have announced today that they have formed a strategic Partnership, combining ESCO Pacific's solar development and asset management expertise together with Shell's global scale and energy capabilities.
Australian utility scale solar project developer ESCO Pacific is pleased to announce the achievement of the final development milestone for its Wyalong Solar Farm, following acceptance of an Offer to Connect from the local grid operator Essential Energy a few weeks ago.
John Laing and ESCO Pacific would like to announce the acquisition and financial close of the 174.9 MWp Finley Solar Farm. John Laing, leading international infrastructure investor, earlier this week acquired a 100% interest in the project from ESCO Pacific contemporaneously with the project achieving financial close with debt funding provided by Westpac and ANZ.
ESCO Pacific and BlueScope are pleased to announce the signing of a 7 year Power Purchase Agreement (PPA) with ESCO Pacific’s 175MWDC (133MWAC) Finley Solar Farm project.
ESCO Pacific and Elliott Advisers (UK) Ltd. (“Elliott”) are pleased to announce the successful financial close of the 98MW Susan River Solar Farm and 75MW Childers Solar Farm, both located in South East Queensland.
Palisade Investment Partners and ESCO Pacific are pleased to announce that the $225 million Ross River Solar Farm has reached financial close. Construction will now commence on the 148MW project which is located on a 202-hectare former mango plantation near Townsville.
Australia’s largest solar project has moved a significant step closer towards construction and operation.