EnergyAustralia sells Wooreen ESS equity share to Banpu

Rendered image of the Wooreen Energy Storage System
Rendered image of the Wooreen Energy Storage System

EnergyAustralia has agreed to sell a 50% equity interest in the Wooreen Energy Storage System (ESS) to Banpu Energy Australia, a subsidiary of the Thailand-based energy company Banpu Public Company Limited.

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Both parties will contribute expertise to the ongoing development of Wooreen, with EnergyAustralia’s construction team continuing to deliver the project. EnergyAustralia will then operate the completed WESS under a storage services agreement.

EnergyAustralia managing director Mark Collette said, “Banpu’s international expertise and track record in large-scale energy projects will be invaluable as we work together to deliver Wooreen. This partnership brings together the best of local knowledge and global experience, ensuring we can deliver a world-class project that benefits our region and contributes to Australia’s energy future.”

Construction of Wooreen ESS commenced in early 2025, with commercial operations expected in 2027. Once completed, the energy storage system will be capable of supplying electricity to up to 230,000 households continuously for four hours at times of high customer demand.

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Banpu Energy Australia CEO Stijn Koppers said, “We are pleased to partner with EnergyAustralia on the Wooreen project, which marks a significant milestone in Australia’s journey towards a sustainable energy future. This investment strongly reflects Banpu’s commitment to delivering energy that is reliable, affordable, and environmentally responsible.”

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