23rd Jan 2018 - Media Release
98MW Susan River Solar Farm and 75MW Childers Solar Farm achieve financial close
ESCO Pacific and Elliott Advisers (UK) Ltd. (“Elliott”) are pleased to announce the successful financial close of the 98MW Susan River Solar Farm and 75MW Childers Solar Farm, both located in South East Queensland. Affiliates of Elliott will own 100% of the projects, and are prepared to fund the projects through to connection entirely with equity.
Construction will now commence and is expected to take 9 months. The solar farms are located in Bundaberg Regional Council (Childers) and Fraser Coast Regional Council (Susan River). Construction and O&M will be undertaken by Biosar Energy (through its Australian arm), which has completed over 1.3 GW of installed capacity in 13 countries. Continue reading here
18th Sep 2017 - Media Release
Ross River Solar Farm Site Preparation Underway
Initial site preparation works are starting at the $225 million Ross River Solar Farm site, Townsville’s newest large scale solar plant.
Construction of the 148 megawatt (MW) solar farm, located 20 kilometres south of Townsville, is expected to begin in September.
1st May 2017 - Media Release
Ross River Solar Farm Commences Construction
Palisade Investment Partners and ESCO Pacific are pleased to announce that the $225 million Ross River Solar Farm has reached financial close. Construction will now commence on the 148MW project which is located on a 202-hectare former mango plantation near Townsville.
6th Feb 2017 - Media Release
Australia’s Largest Solar Project Secures Equity Partner; Signs 13 Year PPA With Major Energy Supplier
Australia’s largest solar project has moved a significant step closer towards construction and operation.
23rd Dec 2016 - Media Release
ESCO Pacific secures planning consent for three more Queensland solar farms
Australian utility scale solar project developer, ESCO Pacific, has received planning consent for a further three new solar farms with a total installed capacity of 320MW, edging close towards their goal of 1 GW by 2018.
15th Aug 2016 - Media Release
ESCO Pacific on track to achieve 1GW development goal
Australian developer of utility scale solar projects, ESCO Pacific, is moving forward with its project pipeline, having submitted development applications for three new solar farms with a total installed capacity of 320MW. These projects follow on from the recently approved 135MW Ross River Solar Farm near Townsville.
6th Jul 2016 - Media Release
ESCO Pacific secures planning consent for a 135MW Solar Farm
Australian developer of utility scale solar projects, ESCO Pacific, has received planning consent for the development of a major solar farm near Townsville.
Townsville City Council recently voted in favour of the project, which will result in a 135MW solar farm being built on a disused mango plantation at Ross River. Continue reading here
10th Jun 2016 - Media Release
ESCO Pacific appoints highly regarded energy executive as Chairman
Australian developer of utility scale solar projects, ESCO Pacific Pty Limited (“ESCO Pacific” or “the Company”), is pleased to announce the appointment of highly regarded energy executive Darryl Flukes to the position of Chairman.
Mr Flukes has significant experience across the energy supply chain in executive, board and advisory roles throughout Australia, New Zealand and Europe with a strong background in renewable energy, wholesale/commodity markets and risk management. Continue reading here
16th Feb 2018 - Media Release
Ross River Solar Farm – Townsville Bulletin
Solar farm to fight for place in the sun article appeared in the Townsville Bulletin on the 12th February 2016
6th Dec 2018 - Media Release
Lennox Partners raises capital for ESCO Pacific to develop 1 GW of Australian solar projects – London and Melbourne
ESCO Pacific Pty Limited (“ESCO Pacific”), an Australian developer of utility scale solar projects, has secured in excess of A$4m of seed capital from an international consortium of investors in a fund-raising process led by Lennox Partners LLP, a London-based clean energy corporate finance firm.
