Khả năng xử lý mạnh mẽ trên Galaxy Z Fold 7: Đáp ứng mọi tác vụ cao cấp
Pacific Green Signs Agreement to Sell Its 250MW / 500MWh Limestone Coast North Battery Energy Park Development
Sydney, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ('Pacific Green', OTCQB: PGTK) announces that it has signed binding documentation for the sale of 100% of the shares in its Limestone Coast North Energy Park to Intera Renewables (Intera) in a deal representing an enterprise value of A$460 million (US$293 million) (the “Transaction”).
The Limestone Coast North Energy Park is Pacific Green’s 250MW / 500MWh battery energy storage development in the Limestone Coast region of South Australia (“Limestone Coast North”) which will begin commercial operations in early 2027.
Intera is the renewable energy platform established, and majority owned by funds managed by Palisade Investment Partners (Palisade), an Australian based infrastructure and real assets manager.
The asset, the first of two energy parks being developed in Limestone Coast by Pacific Green, will significantly strengthen the region’s grid stability and help further accelerate Australia’s net-zero transition. As part of the Transaction, Pacific Green will be retained to manage the construction of the project through to commercial operations following which Palisade Integrated Management Services (PIMS) will carry out asset management activities through its role as Intera’s asset manager.
Limestone Coast North marks the latest milestone in a major period of growth for Pacific Green in Australia. It is the first of a 10GWh development pipeline of battery energy parks the company is rolling out throughout the country. Limestone Coast West, a 250MW / 1,000MWh battery energy storage development is finalising grid approvals with construction expected to commence in September 2025. Portland Energy Park, 1,000MW / 2,500MWh across four co-located battery assets in Victoria, is finalising development approval with construction expected to commence in March 2026. In November 2024, Pacific Green announced the acquisition of land rights in Wagga Wagga, where the company will develop its first NSW project.
Pacific Green is aiming to be one of Australia’s leading utility-scale battery developers, by building a multi-gigawatt platform nationwide. The deployment is aided by the team’s significant experience developing battery energy parks in Europe.
Scott Poulter, Pacific Green’s CEO, commented: “We are delighted to have entered this agreement with Palisade, one of Australia’s leading infrastructure fund managers. Limestone Coast North is critical to South Australia’s Electricity network and is the first of Pacific Green’s 10 GWh Australian pipeline. We are also very pleased to enter into the first of a portfolio of long term tolling Power Purchase Agreements with Zen Energy.”
Simon Parbery, Executive Director for Palisade, stated: “We are excited to be working with Pacific Green on this significant project for both our investors, and Australia’s broader clean energy transition goals. Limestone Coast North represents Palisade’s first investment in large-scale energy storage, providing both attractive risk-adjusted returns, as well as long term strategic benefits for our Australian renewables platform.”
Joel Alexander, Pacific Green Australia Managing Director and CEO commented: “This is a significant milestone for our Australian business and underscores our focus on assets that represent clear commercial feasibility and deliver net-zero objectives for Australia. The backing of Palisade, a leading global infrastructure and real assets manager, will accelerate the build out of the Limestone Coast North Energy Park and ensure it reaches operational stage by early 2027.”
Palisade were advised by Macquarie Capital, Kidder Williams, KWM, Clayton Utz and Ekistica.
Pacific Green was advised by Azure Capital, WSP and Allens Linklaters. Development capital was provided by Australian Philanthropic Services Foundation.
About Pacific Green Technologies, Inc.:
Pacific Green is a global energy storage and environmental technology company, on a mission to advance the transition to sustainable energy solutions.
The business is focused on rapidly building a global portfolio of utility-scale battery energy storage systems (BESS), with a current pipeline of 14GWh of energy storage capacity in development, construction or operation.
Pacific Green’s team brings together extensive technology, project development and project finance expertise – having commercialised numerous pioneering technologies and steered major international energy and infrastructure projects successfully through financing and development.
This in-house expertise is complemented by strategic relationships cultivated with trusted partners at all levels of the global environmental supply chain – providing access to the very best technology and manufacturing capabilities on offer, alongside internationally respected financial institutions and project partners.
For more information, visit Pacific Green’s website:
www.pacificgreen.com
About Palisade
Palisade is a specialist, independent global infrastructure and real assets manager that provides institutional and wholesale investors with access to infrastructure and infrastructure-like projects through tailored portfolios and co-mingled funds. Palisade’s multi-disciplinary and experienced team focuses on attractive mid-market assets that are essential to the efficient functioning of the communities and economies they serve.
Palisade is an early investor in the clean energy sector and manages and operates a diverse portfolio of renewable energy assets in Australia and the US. These assets total over 2GW of installed generation capacity on a 100% ownership basis, including 1.5GW in Australia, making Palisade one of Australia’s largest renewable energy investors.
Notice Regarding Forward-Looking Statements:
This news release contains “forward-looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the continued development of Limestone Coast North BESS project, any potential business developments and future interest in the Company’s battery, solar and emissions control technologies.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the continuation of the development of Limestone Coast North project, general economic and political conditions, and the ongoing impact of the COVID-19 pandemic. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in the Company’s annual report on Form 10-K for the most recent fiscal year, the Company’s quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Georgia Bollard - Public Relations, Marketing and Engagement Manager, Pacific Green (Australia) E: georgia.bollard@pacificgreen.com

TIN LIÊN QUAN
THỦ THUẬT HAY
Ứng dụng MakeApp - Tẩy sạch lớp trang điểm, tái hiện mặt mộc
Một vài ứng dụng đã khá nổi tiếng trong việc hỗ trợ làm đẹp của chị em hiện nay có thể kể đến Camera360, Makeup Plus, Photo Wonder,....và thậm chí khi chụp ảnh chả cần phải trang điểm nhưng vẫn có thể đẹp lung linh với
Những ứng dụng phải có nếu đang dùng iPhone
Tuy nhiên, không phải ai khi sở hữu một thiết bị như vậy cũng biết, hiểu hết về những dịch vụ, các ứng dụng, tiện ích đi kèm để phát triển sản phẩm đó. Đặc biệt với cả một kho phần mềm đi kèm khổng lồ như App Store thì
Cách xem lại toàn bộ trạng thái hay hình ảnh cũ cực kì tiện lợi
Việc đào mộ lại những trạng thái ngày xưa từ bạn bè sẽ khá là thú vị đấy. Thay vì chúng ta phải lướt timeline thật lâu để xem lại các status cũ thì công cụ FacebookMiner dưới đây sẽ giúp bạn thực hiện việc đó một cách
Tạo phím tắt giúp thực hiện thao tác chuyển đổi nhanh hơn với thiết bị mới trên Windows 10
Hiện nay, các dòng máy tính để bàn được trang bị rất nhiều tùy chọn âm thanh với các chuẩn khác nhau, nhằm hỗ trợ tốt nhất cho người dùng trong quá trình sử dụng và thưởng thức âm nhạc. Tuy nhiên, việc kết nối nhiều
Cách tối ưu chơi game với Galaxy Note 20 Ultra để có được những trải nghiệm tốt nhất
Galaxy Note 20 Ultra không chỉ là chiếc điện thoại tuyệt vời để chụp ảnh, quay phim, chát chít, lướt Face, đọc báo,… mà còn là smartphone chơi game tuyệt vời. Tuy nhiên, nếu biết cách tối ưu chơi game với Galaxy Note
ĐÁNH GIÁ NHANH
Trên tay Samsung Gear Iconic 2: pin lâu hơn, sạc nhanh, bỏ cảm biến HR
Samsung Gear IconX 2018 có nhiều thay đổi bên trong so với thế hệ trước. Quan trọng nhất là thời lượng pin từ dùng được khoảng hơn 1 giờ ở thế hệ trước đã tăng lên khoảng 4 giờ nói chuyện, 5 giờ nghe nhạc... ở thế hệ
Trên tay ASUS Zenbook Flip S13 (UX371): Laptop màn hình OLED 4K dành cho doanh nhân
ASUS – nhà sản xuất đang thành công trên nhiều dòng sản phẩm laptop. Từ Vivobook, TUF, Workstation, Zenbook,…, trong đó Zenbook là dòng laptop được thiết kế hướng đến đối tượng người dùng doanh nhân. Tiếp nối thành
Đánh giá chi tiết Mobiistar Prime X Max
Sự ra đời ồ ạt của những máy Android giá rẻ, cấu hình cao đã làm cho phân khúc tầm trung (> 5 triệu) trở nên 'khó nhai' hơn bao giờ hết. Những hãng có sản phẩm thuộc phân khúc này buộc phải tự thay đổi để tiếp tục