Amp Energy closes financing for 120MW solar project in New South Wales

Facebook
Twitter
LinkedIn
Reddit
Email
The Molong Solar Farm in New South Wales, owned by Amp Energy. Image: GRS Energy.

Renewables developer Amp Energy has secured financing for a 120MW solar installation in the Australian state of New South Wales that is expected to begin energisation in early 2022.

The Hillston Solar Farm will generate approximately 235,000GWh per year and is backed by a finance agreement with investment bank Natixis and Export Development Canada.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

”Amp is pleased to begin a strategic relationship with Natixis for future financing of Amp projects in Australia and globally,” said Dean Cooper, executive vice president and head of Amp Australia.

Having revealed a US$374 million investment from private equity firm Carlyle early this year, Canada-headquartered Amp Energy has since achieved commercial operations at the 39MWdc Molong Solar Farm in New South Wales and has unveiled plans for a renewable energy hub in South Australia that will feature three PV projects totalling more than 1.3GW and battery storage capacity of up to 540MW.

Amp also signed a deal last month with Danish investment firm Copenhagen Infrastructure Partners to develop 1.7GW of renewables in India. The partnership enables investments of more than US$200 million in the portfolio of both utility as well as commercial and industrial solar projects and PV-wind hybrids.

Read Next

September 10, 2025
The CEFC has said that a coordinated approach to transmission in Pilbara, Western Australia, could save more than AU$30 billion over 25 years.
September 9, 2025
Australia's National Electricity Market (NEM) broke records yesterday when renewables supplied 76.4% of total electricity demand, with solar power contributing nearly 60% of the record-breaking clean energy mix.
September 5, 2025
Research firm Rystad Energy has found that Queensland’s utility-scale solar PV power plants have dominated the best-performing assets, in terms of AC capacity factor, rankings for August 2025.
September 4, 2025
ARENA has launched the second funding round of its AU$1 billion Solar Sunshot programme, making AU$150 million available.
September 1, 2025
Australia’s National Electricity Market (NEM) hit a record high for the combined utility-scale solar PV and wind share in the electricity mix on 30 August.
August 31, 2025
Renewables developer and independent power producer (IPP) TagEnergy has acquired Australian developer ACE Power, adding 6GW of renewable energy and storage projects to its portfolio.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines