State-owned energy company Stanwell has inked a 15-year power purchase agreement (PPA) to secure renewable energy derived from 775MW of solar PV owned by Genex Power in Queensland, Australia.
Australian renewable energy and storage developer Genex Power has been acquired by Japanese power company J-Power in a deal worth AUS$351 million (US$229 million).
Japanese power company J-Power has acquired a 10% stake in renewables and pumped hydro developer Genex Power through its Australian subsidiary JPGA Partners.
