From GlobeNewswire: 2025-02-21 03:00:00

Pacific Green Technologies, Inc. has signed a deal to sell its Limestone Coast North Energy Park to Intera Renewables for A$460 million. This park, with 250MW / 500MWh battery energy storage, will enhance grid stability and aid in Australia’s net-zero transition. Pacific Green aims to be a leading utility-scale battery developer in Australia, with a 10GWh development pipeline. The company’s CEO, Scott Poulter, is excited about the agreement with Palisade and the long-term tolling Power Purchase Agreements with Zen Energy. This project represents a significant milestone for Pacific Green’s Australian business, supported by Palisade’s involvement.



Read more at GlobeNewswire: Pacific Green Signs Agreement to Sell Its 250MW / 500MWh