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 |
Resources
