CEFC supports SWIS stability with backing for Neoen’s Collie Battery in WA

CEFC supports SWIS stability with backing for Neoen’s Collie Battery in WA

Country

Australia

State / City

Western Australia

Posted date

2024-02-27
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The Clean Energy Finance Corporation (CEFC) is backing Neoen’s Collie Battery Stage 1 in Western Australia. The aim is to strengthen support for the South West Interconnected System (SWIS) as the state’s clean energy transition gathers pace. The 219 MW Collie Battery is the first WA big battery to be financed by the CEFC and continues its leading role in accelerating the delivery of large-scale energy storage. The $55 million investment is part of Neoen’s portfolio financing, which includes eight clean energy assets spanning solar, wind and battery storage across 5 states with a combined generation capacity of some 1.5 GW.

Instrument

Capital Injections
Financial Contribution (General)
Grants

Purpose

Energy efficiency
Environmental protection
Sectoral development

Agency

Clean Energy Finance Corporation - Australia

Sector

Energy Equipment & Services
Electric Utilities

Data+Law uuid

AUS_03776_Program

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