Italy’s Enel Green Power and Japan’s INPEX have rebranded their Australian renewables joint venture from Enel Green Power Australia to Potentia Energy.
The rebrand announcement sets out a new vision for the company, which has more than 7GW of secured projects in its development pipeline.
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Potentia Energy CEO Werther Esposito says the rebranded company is targeting an ambitious investment pipeline across wind, solar, storage and hybrid projects.
“We’re excited to launch the new brand, Potentia Energy. It’s a name that embodies the spirit of this dynamic jointly owned company,” he says.
“It speaks to the unlimited potential of Australia’s natural resources, the vast potential of our people and the incredible potential of the communities in which we operate.
“Australia is a special place, blessed with sun, wind and land. It needs a special vision for its energy future and Potentia Energy is well placed to deliver on that vision.”
The jointly owned company has been operating as Enel Green Power Australia, a renewables business that has four operating plants comprising 310MW of solar capacity across South Australia and Victoria, and a 75MW wind farm in Western Australia.
A 93MW solar farm is also under commissioning in Victoria and financial close was recently announced for a 98MW solar and 20MW battery hybrid project in NSW.
“We are ambitious, and importantly we want to build the right projects which benefit communities,” Esposito says.
Related article: INPEX to build solar and battery project in New South Wales
“We have a vision to be a leader in Australia’s energy transition and we are determined to set new standards in contributing to communities by delivering industry-leading projects.”
The company has also begun servicing retail customers, an area providing future potential growth.
