Pacific Partnerships acquires rights to develop 700MW Australia project

The company purchased rights from Sydney-based renewable energy developer Marble Energy.

Pacific Partnerships, a subsidiary of the CIMIC group, has acquired the development rights for the 700MWac Cobbora solar farm and the accompanying large-scale battery energy storage system (BESS) in New South Wales, Australia.

The rights were purchased from Sydney-based renewable energy developer Marble Energy.

Pacific Partnerships managing director Simon Nicholls stated: “The Cobbora solar farm is a fundamental piece of the Central West Orana Renewable Energy Zone (CWO REZ), which in turn is a critical priority for the NSW government.”

Pacific Partnerships’ energy business Pacific Partnerships Energy, will now assume responsibility for developing, investing in and managing the delivery and operations of the Cobbora solar farm and BESS.

CIMIC Group executive chairman Juan Santamaria stated: “NSW is part of our strategic new energy focus as we expand our diversified national portfolio of assets and contribute to the Australian government’s commitments to reach net zero emissions by 2050.”