Friday, June 21, 2024

Origin Energy acquires interest in Walcha Energy from Energy Estate

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Energy Estate, Media Release, 20 February 2024

Walcha Energy, a partnership between Australian renewable energy developers Energy Estate and Mirus Wind to develop wind, solar and storage projects in the New England region of New South Wales, has been acquired by Origin Energy.

Energy Estate’s Co-Founder and Chief Projects Officer Simon Currie said “In 2018 we became a partner in Walcha Energy to accelerate the development of large scale renewable energy projects that would play a key role in the transformation of the NSW energy sector. These projects are strategically located in the New England Renewable Energy Zone which is being developed by EnergyCo and the NSW State Government. We are proud of what we have achieved with Mirus Energy in the development of the foundation projects for Walcha Energy, being Ruby Hills Wind Farm and Salisbury Solar Farm.“

Luke Panchal, Head of Commercial & Transactions at Energy Estate said “Given the nature of Walcha Energy being a portfolio with numerous stakeholders, selecting the right subsequent owner that can successfully steward the projects through their next phase is critical. We ultimately went ahead with Origin as a company whose renewable development ambitions are aligned to ours.”


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