Neoen Secures AUD 1.8 Billion for Australian Renewable Projects

Neoen has obtained AUD 1.8 billion in debt financing from 13 lenders, supporting a 1.2 GW renewable energy portfolio in Australia. This portfolio includes two wind farms, two battery storage projects, and a solar farm across three states. Notable lenders are ANZ, Bank of America, and Société Générale. The projects include Hornsdale Power Reserve in South Australia and Culcairn Solar Farm in New South Wales.

Since 2024, Neoen has raised over AUD 5 billion, funding 4.7 GW of capacity across 20 Australian assets. As the largest renewable energy company in Australia, Neoen aims to expand its capacity to 10 GW by 2030. The firm continues to solidify its presence in the country's energy transition.