Queensland’s state-owned CS Energy has agreed to sell an 80% stake in the proposed Brigalow Peaking Power Plant to APA Group.
APA will lead the delivery of the project and acquire an 80% interest in the asset.
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Once complete, CS Energy will operate and maintain the power plant and retain a 20% ownership interest.
APA’s share of the plant will be contracted to CS Energy under a 25-year hedge offtake agreement, meaning CS Energy will have 100% of the plant’s offtake.
The gas-fired power plant will be built beside Kogan Creek Power Station in Queensland’s Western Downs. Once operational, it will be capable of supplying energy to more than 150,000 homes during peak demand periods.
Its fast-start technology will allow the plant to reach full electrical output within five minutes, providing flexible capacity to support the grid when it is needed most.
Early project works are now complete, GE Vernova is delivering the gas turbines and Balance of Plant contractor Monadelphous is now moving forward to deliver main construction works.
APA will deliver a 23km gas pipeline to connect the power plant to the existing Roma Brisbane pipeline, while Senex will supply up to 58.4PJ of natural gas from its Atlas development in the Surat Basin.
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“CS Energy is proud to be partnering with APA to deliver the Brigalow Peaking Power Plant and help future-proof Queensland’s electricity system,” CS Energy CEO Stephen Harty said.
