ACEN Australia has announced the integration of its 400MW Stubbo Solar project in New South Wales into its AU$750 million (US$530 million) non-recourse portfolio debt facility.
Acen Australia has achieved full commercial operation at its 400MW Stubbo Solar project in New South Wales, making it the first solar PV power plant backed by a Long-Term Energy Service Agreement (LTESA) to reach this milestone.
Three renewables generation projects amounting to a collective 1.395GW have been awarded approvals in New South Wales’ most recent renewable energy tender, alongside a large battery energy storage system (BESS).