Sapphire Wind Farm

Partners Group to sell CWP Renewables, a major Australian renewable energy platform

Retrieved on: 
Sunday, December 18, 2022

Partners Group to sell CWP Renewables, a major Australian renewable energy platform

Key Points: 
  • Partners Group to sell CWP Renewables, a major Australian renewable energy platform
    Partners Group built CWP from the ground up, transforming it into one of the largest renewable energy platforms in Australia
    The Platform has 1.1 GW of operational onshore wind assets, including Murra Warra I & II
    Renewable energy is a core thematic focus for Partners Group, which seeks to invest in next-generation infrastructure assets that benefit from decarbonization trends
    Partners Group, a leading global private markets firm, has, on behalf of its clients, agreed to sell CWP Renewables ("CWP" or "the Platform"), a vertically integrated renewable energy platform in Australia, to Squadron Wind Energy Assets.
  • CWP's renewable energy platform spans onshore wind and battery farms, and provides power to clients including Transurban, Woolworths Group, Sydney Airport, Commonwealth Bank, and Snowy Hydro.
  • Partners Group developed CWP from the ground up in line with its long-term and thematic approach to investing in next-generation infrastructure assets that benefit from decarbonization trends.
  • Partners Group has invested over USD 3.8 billion in renewable energy assets globally.

SQUADRON TO LEAD AUSTRALIA'S ENERGY TRANSITION

Retrieved on: 
Wednesday, December 7, 2022

PERTH, Australia, Dec. 7, 2022 /PRNewswire/ -- Squadron Energy (Squadron) today announced it has acquired CWP Renewables (CWP), in an agreement that takes Squadron's renewable energy operating portfolio to 2.4 gigawatts (GW) with an Australian development pipeline to 20GW.

Key Points: 
  • SQUADRON ENERGY ACQUIRES CWP RENEWABLES TO BECOME AUSTRALIA'S LARGEST RENEWABLE ENERGY INVESTOR, OPERATOR & DEVELOPER
    PERTH, Australia, Dec. 7, 2022 /PRNewswire/ -- Squadron Energy (Squadron) today announced it has acquired CWP Renewables (CWP), in an agreement that takes Squadron's renewable energy operating portfolio to 2.4 gigawatts (GW) with an Australian development pipeline to 20GW.
  • "Squadron is proud to bring a very significant portion of Australia's renewable energy assets home to local ownership.
  • It means that Squadron has the renewable energy critical mass to help Australia step beyond fossil fuels," said Dr Forrest.
  • Prior to the acquisition of CWP, Squadron Energy was the second largest renewable energy player with a significant portfolio or assets in operation and construction.

SQUADRON TO LEAD AUSTRALIA'S ENERGY TRANSITION

Retrieved on: 
Wednesday, December 7, 2022

PERTH, Australia, Dec. 7, 2022 /PRNewswire/ -- Squadron Energy (Squadron) today announced it has acquired CWP Renewables (CWP), in an agreement that takes Squadron's renewable energy operating portfolio to 2.4 gigawatts (GW) with an Australian development pipeline to 20GW.

Key Points: 
  • SQUADRON ENERGY ACQUIRES CWP RENEWABLES TO BECOME AUSTRALIA'S LARGEST RENEWABLE ENERGY INVESTOR, OPERATOR & DEVELOPER
    PERTH, Australia, Dec. 7, 2022 /PRNewswire/ -- Squadron Energy (Squadron) today announced it has acquired CWP Renewables (CWP), in an agreement that takes Squadron's renewable energy operating portfolio to 2.4 gigawatts (GW) with an Australian development pipeline to 20GW.
  • "Squadron is proud to bring a very significant portion of Australia's renewable energy assets home to local ownership.
  • It means that Squadron has the renewable energy critical mass to help Australia step beyond fossil fuels," said Dr Forrest.
  • Prior to the acquisition of CWP, Squadron Energy was the second largest renewable energy player with a significant portfolio or assets in operation and construction.