Tetris Energy is pleased to announce that it has reached financial close with Eni Australia Limited to acquire the two construction-ready solar photovoltaic (PV) projects at Batchelor and Manton Dam, in the Northern Territory of Australia.
Once completed, expected in the third quarter of 2020, the projects will comprise the installation of 2 x 12.5 MWp (megawatt peak) of single axis tracking solar PV and will be constructed by BSR EPC Pty Limited.
This acquisition follows the announcement earlier in the year that Tetris Energy had signed two Power Purchase Agreements with Jacana Energy to purchase the output from the two new solar farms at Batchelor and Manton Dam.
Frank Boland, Director comments “Tetris Energy is pleased to reach this exciting milestone for their first renewable energy project in the Northern Territory and contribute to the Northern Territory’s government goal to procure 50% of its energy from renewable sources by 2030. Tetris Energy looks forward to continuing to develop their growing pipeline of renewable energy projects across Australia.”
Batchelor and Manton Dam Solar Farms were developed by Tetris Energy, an Australian renewable energy developer in collaboration with Infigen Energy.