AGL Energy Limited is set to acquire Firm Power and Terrain Solar for $ 250 million, significantly enhancing its renewable energy portfolio. This strategic acquisition will add an 8.1 GW development pipeline to AGL’s assets, comprising 6.1 GW of grid-scale Battery Energy Storage System (BESS) projects, 1.8 GW of solar projects, and a 250 MW onshore wind project. The transaction is expected to close in 2024, pending customary conditions.
AGL expands with Firm Power, Terrain Solar acquisition
AGL Energy expands its portfolio with a $250 million acquisition of BESS and solar projects. (Photo Credit: Pixabay)
The sale of Westbridge’s 75% stake in Sunnynook Solar to METLEN was completed, set to power 50,000 Alberta homes. (Image Source: Pixabay)
Module shipments in Q3 2024 reached 25,910 MW, with N-type modules comprising 90% of all shipments. (Image Source: SOLARbytes)
With revenue growth and a strong order book, AGEL sets its sights on 2025 IPO to strengthen financial resilience. (Image Credit/Source: KindelMedia/Pexels)
Runergy provides insights into ITC’s Section 337 timeline, countering misleading interpretations of its 45-day and 60-day procedural references. (Image Source: Runergy)