Octopus Australia invests in 400 MW Hay Plains wind project in NSW
Date
May 25, 2023
Type
M&A Transactions
Subtype
Transaction agreement announced
Countries
Australia
Subsectors
Onshore Wind
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Octopus Australia has announced the acquisition of the 400 MW Hay Plains wind project in southwest New South Wales, Australia from Juwi Renewable Energy.
The company's vision is to develop and build large-scale wind projects and complement these projects with solar and battery storage.
The acquisition of the Hay Plains wind project is significant for Octopus Australia, as the company aims to expand its renewable energy portfolio in Australia. By focusing on wind energy, Octopus Australia is contributing to the Australian Government's targets for reducing carbon emissions in the energy sector.
