Pacific Green completes sale of 500 MWh Limestone Coast North battery project

This is the first Aussie project to reach a financial close.

Pacific Green Technologies, Inc. has completed the sale of all its shares in its Limestone Coast North Energy Park to Intera Renewables for $293m.

In a statement, the company said the 250-megawatt (MW) / 500-megawatt-hour (MWh) energy storage development is one of its battery parks to be co-located on a site in the southeast of South Australia. This is the first of Pacific Green’s 10 gigawatt-hour Australian pipeline to reach financial close.

Notices have been issued to Gransolar Group as the Balance of Plant contractor who will begin construction this month, as well as to Trina Storage to supply the 250 MW / 500 MWh battery energy storage system.

Commercial operation is targeted for February 2027.

Whilst ownership of the energy park will be transferred to Intera, Pacific Green will continue its involvement as a construction manager. It will also provide supply chain management and quality assurance for the project.