, Australia
Photo by Soren H on Unsplash

Potentia Energy secures $553.3m financing for Australian RE expansion

This includes 600MWs of clean energy projects across six assets.

Potentia Energy secured $553.3 (AUD $830m) in financing for its renewable energy projects in Australia.

The funding will be used to support a portfolio of renewable energy assets including solar, wind, hybrid battery storage projects totaling over 600 megawatts (MW) across six different projects in the country.

The loans are being funded by seven major financial institutions, including Bank of China, NP Paribas, HSBC (The Hongkong and Shanghai Banking Corporation), Mizuho Bank, Societe Generale, Sumitomo Mitsui Banking Corporation, Westpac Banking Corporation.

 

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