Aula Energy has acquired five operational solar farms from Lightsource bp, expanding its clean energy business across New South Wales, Queensland, and Victoria.
The acquisition of 1GW of operating assets includes West Wyalong Solar, Wunghnu Solar, Woolooga Solar, Wellington Solar, and Wellington North Solar, with options to develop co-located battery energy storage systems (BESS) across the portfolio.
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The acquisition complements Aula Energy’s wind projects currently under construction, as well as its wind and BESS projects in development.
The newly acquired solar farms will integrate into Aula Energy’s growing national asset base as it continues to progress new development opportunities.
Aula Energy CEO Chad Hymas said, “Today’s announcement marks another significant milestone in Aula Energy’s growth journey. With the acquisition of these operating assets, we continue to scale our business, deliberately building a portfolio of assets that will meet the long-term energy needs of Australian communities.
“We are building a business supported by strategic partners who can grow with us. Our track record since 2023 reflects their confidence in our capabilities and our focus on delivery. This acquisition strengthens our ability to support Australia’s energy transition while creating long term value for our shareholders and communities.
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“For the solar farms acquired, day-to-day activities on site will continue as usual. We want customers, the local community, landholders and Traditional Owners to know that we value the strong foundations already in place. Our focus is on maintaining open communication and ensuring clear points of contact with the change of ownership.
“We look forward to continuing the existing relationships across our solar farm communities and supporting the positive role these projects play in their regions.”
