DPI Group has successfully developed and sold the 204 MW Edenvale Solar Park in Australia to Sapphire Energy Pty Ltd., marking a significant milestone in renewable energy investments between Japan and Australia.
Information on the Target
The Edenvale Solar Park is a significant 204 MW solar energy project located in the Western Downs region, approximately 300 kilometers west of Brisbane, Australia. Developed from greenfield by DPI Group, this facility represents one of Japan’s largest energy investments in the Australian market.
Upon its completion, the Edenvale Solar Park is anticipated to commence operations in the latter half of 2022. This project is not only a milestone for DPI Group but also a critical component in reducing greenhouse gas emissions associated with the metallurgical coal mining operations in central Queensland.
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Industry Overview in Australia
The renewable energy sector in Australia is experiencing substantial growth, driven primarily by governmental incentives and a societal shift towards sustainable practices. The
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Sapphire Energy Pty Ltd.
invested in
The Edenvale Solar Park
in 2022
in a Other Private Equity deal