Iberdrola acquires Australian solar EPC firm Autonomous Energy

Facebook
Twitter
LinkedIn
Reddit
Email
A rooftop solar system in Sydney, Australia. Image: Photon Energy.

Spanish energy company Iberdrola is continuing its expansion in Australia’s solar sector with the acquisition of engineering, procurement and construction (EPC) provider Autonomous Energy.

Focused on the commercial and industrial (C&I) and small-scale utility segments, Autonomous Energy has to date delivered more than 100 projects – including rooftop solar, ground-mount PV and battery energy storage – for a range of customers across Australia.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Autonomous Energy CEO Matthew Linney said his company’s knowledge in behind-the-meter technologies combined with Iberdrola Australia’s growing portfolio of renewable assets will enable them to offer a “set of innovative and integrated green energy products that lower customer energy costs”.

According to Iberdrola, the acquisition will position the company’s Australia unit “as a one-stop shop” for customers seeking both behind-the-meter and front-of-the-meter green energy solutions.

The deal comes a year after Iberdrola’s purchase of Australian renewables firm Infigen Energy (now Iberdrola Australia), which recently committed to building a 245MWdc solar PV plant in New South Wales that is expected to be completed by the end of 2022.

“By adding Autonomous Energy’s market-leading capabilities in behind-the-meter technologies, we will be able to offer our customers a wider range of products that help them meet their financial and sustainability goals,” said Ross Rolfe, managing director of Iberdrola Australia.

A new strategy unveiled by Iberdrola earlier this year will see the company spend €150 billion (US$183 billion) to nearly triple its renewable energy capacity by 2030, as it bids to reach 93GW by the end of the decade.  

Iberdrola Australia has a pipeline of more than 2GW of renewable energy projects at various stages of development in New South Wales, Queensland and South Australia.

Other deals in Australia’s solar sector in recent months have seen Canadian pension investor OMERS Infrastructure buy a stake in a renewable energy platform from developer Fotowatio Renewable Ventures (FRV), while Swiss fund manager last week SUSI Partners acquired a 50% interest in Starling Energy Group, an Australian installer of solar PV and energy storage systems for the residential sector.

Read Next

July 1, 2025
Independent power producer (IPP) Arevon Energy has closed a US$600 million credit facility to support its solar PV and energy storage portfolio in the US.
July 1, 2025
French private equity firm Ardian Clean Energy Evergreen Fund (ACEEF) has bought 117 solar PV plants, worth 116MW of total capacity in several locations in Italy.
July 1, 2025
A five-year research initiative is underway in Australia to test the viability of floating solar systems on irrigation dams.
June 30, 2025
Voting on the US tax reconciliation bill is expected to begin in the Senate today, following a draft published on Friday that hit clean energy tax credits hard.
June 30, 2025
The Spanish government has launched a €100 million (US$117 million) aid programme to help promote the recycling and reuse of materials from renewable energy projects.
June 30, 2025
Australian module manufacturer Tindo Solar has secured a 30MW solar module supply agreement to power Australia's first "net zero pipeline”.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece