Shizen Energy Group is actively seeking an equity backer to advance its new 200 MW solar project pipeline across New South Wales and Victoria. The portfolio was previously acquired from local developer Bison Energy back in Dec'22.
📍 Geographical and Operational Details:
Locations: New South Wales and Victoria, Australia
Project Scope: Approximately 12 solar projects totaling 200 MW
Timeline: Indicative offers are due by the end of April, with final bids expected by mid-June and deal closure anticipated by the end of July
🎯 Strategic Objectives:
Secure an equity investor to support the development and construction stages.
Negotiate a long-term power purchase agreement with a distinguished off-taker.
Maintain a minority stake with the potential for the majority owner to acquire full ownership post-completion.
📈 Market Insights:
Shizen's current portfolio exceeds 1.3 gigawatts globally, with an ambitious target of reaching 10 gigawatts by 2030.
The initiative aligns with Shizen's strategy to expand its pipeline by bringing in equity investors who have expertise and closely follow its previous deal with TerraWind for the sale of a majority stake in an early-stage wind pipeline in Japan.
The above analysis is proprietary to Enerdatics’ energy analytics team, based on the current understanding of the available data. The information is subject to change and should not be taken to constitute professional advice or a recommendation.
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