Major Contract

Collie Battery - Stage Two

PROJECT STATUS
Under Delivery
Collie Battery - Stage Two

The Collie Battery is a proposed one-gigawatt / four-gigawatt hour Battery Energy Storage System proposed by Neoen, located near Collie, WA. The project is expected to be delivered across five stages. 

Stage Two involves a 341-megawatt / 1,363-megawatt hour battery energy storage system. 

Key Dates

Apr 2024 Contract Award
May 2024 Construction Commencement
2025 Expected Construction Completion

Financing

In December 2024, Neoen announced the completion of a $1.4 billion debt financing package for a 1.3-gigawatt renewable energy portfolio made up of seven solar, wind, and battery assets, including the Collie Battery - Stage Two. The debt syndicate comprised ANZ, Bank of China, the Clean Energy Finance Corporation, The Hongkong & Shanghai Banking Corporation, ING, KfW IPEX-Bank, Mizuho, MUFG, SMBC, Societe Generale and Westpac. 

Procurement

Procuring Agency: Neoen

PROJECT HISTORY

Apr 2024 Neoen announced that AEMO has awarded a second capacity services contract for the Collie Battery with a 300-MW / 1,363-MWh capacity. UGL has been awarded the construction and installation contract, and Tesla the supply of 348 Megapack 2 XL units.
May 2024 Neoen announced the commencement of construction on Stage Two.
Dec 2024 Neoen has announced the completion of a second tranche of portfolio debt financing, raising $1.4 billion for an additional 1.3 gigawatts of Australian solar, wind and battery assets. The new debt raised will finance the 341-megawatt / 1,363-megawatt-hour Collie Battery Stage Two.
Sector
Energy
Procurement approach
Traditional Procurement |
Location
Western Australia |
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