Lighthouse Infrastructure acquired the 20.16 MWp Hughenden Solar Farm in Queensland, Australia, from BayWa r.e., supported by a long-term offtake agreement and operational services.
Target Information
The Hughenden Solar Farm is a photovoltaic (PV) project with a capacity of 20.16 MWp, situated in Hughenden, Queensland, Australia. This greenfield development signifies a strategic investment in the renewable energy sector, contributing to the growing demand for sustainable power sources in the region.
This project is backed by a long-term offtake agreement spanning 13 years with a prominent Australian retailer. Additionally, the project has secured the services of BayWa r.e., a recognized multinational renewable energy developer, which will provide engineering, procurement, and construction (EPC) as well as operations and maintenance (O&M) support.
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Industry Overview in Australia
Australia has become a frontrunner in the renewable energy landscape, driven by the increasing need to reduce carbon emissions and a transition towards sustainable energy resources. The Au
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