Aula Energy expands solar portfolio

Aula Energy has acquired five operational solar farms from Lightsource bp, expanding its clean energy business across New South Wales, Queensland and Victoria.

The acquisition of 1 GW of operating assets includes West Wyalong Solar, Wunghnu Solar, Woolooga Solar, Wellington Solar and Wellington North Solar, with options to develop co-located battery energy storage systems (BESS) across the portfolio.

“Today’s announcement marks another significant milestone in Aula Energy’s growth journey. With the acquisition of these operating assets, we continue to scale our business, deliberately building a portfolio of assets that will meet the long-term energy needs of Australian communities,” said Chad Hymas, CEO, Aula Energy.

This acquisition is complementary to Aula Energy’s wind projects currently under construction, as well as its wind and BESS projects in development.

“For the solar farms acquired, day-to-day activities onsite will continue as usual. We want customers, the local community, landholders and Traditional Owners to know that we value the strong foundations already in place. Our focus is on maintaining open communication and ensuring clear points of contact with the change of ownership,” Hymas said.

“We look forward to continuing the existing relationships across our solar farm communities and supporting the positive role these projects play in their regions.”

Image credit: iStock.com/Pornpimone Audkamkong