Quinbrook Infrastructure Partners, a specialist global investment manager focused exclusively on the infrastructure needed for the energy transition, has achieved financial close and started construction on the first stage of the Supernode project, a 250-megawatt/two-hour battery energy-storage system (BESS) in Queensland.
Origin Energy, Australia’s largest electricity retailer, committed to the full capacity of stage one under a long-term offtake contract, one of the largest binding BESS offtakes on a megawatt basis signed in Australia between two non-government parties.
When it becomes operational, the Supernode BESS will enable the efficient storage of surplus solar and wind energy, aid the displacement of coal and other emissions-intensive generation sources and provide grid-support at the central node of the Queensland high-voltage transmission network. Stage one will represent a total investment of more than A$325 million ($214 million) by Quinbrook.
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