Equinix inks first renewables PPA in Australia with TagEnergy

Wind turbines set against beautiful blue sky and sunrise (equinix)
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Equinix has signed a 151MW power purchase agreement (PPA) in Australia with TagEnergy, in a deal that will see the digital infrastructure business purchase clean energy generated from Golden Plains Wind Farm in Victoria.

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Once operational in 2029, the PPA will supply enough energy to the grid to cover Equinix’s 17 International Business Exchange (IBX) data centres across Australia and help achieve the company’s global renewable coverage targets.

The PPA is Equinix’s first long-term renewable energy agreement in the Asia-Pacific region.

“This first PPA in Asia-Pacific is a huge milestone for Equinix. It underscores our longstanding commitment to actively and meaningfully achieve Equinix’s global sustainability targets to drive positive change and foster a more sustainable future for data centres. Equally as important, we are helping our customers and partners in Australia meet their sustainability goals for their deployments in our IBX data centres across the country,” Equinix managing director Australia Guy Danskine said.

The $3 billion Golden Plains Wind Farm (GPWF) is set to become Australia’s largest wind farm. Situated in Golden Plains Shire approximately 60km northwest of Geelong, the project will feature 215 turbines with a capacity of approximately 6.2MW each.

Golden Plains Wind Farm — East is owned by TagEnergy (85%) and Ingka Investments (15%). Stage one consists of 122 turbines with an expected annual production of more than 2,000GWh or 756MW. Equinix will offtake nearly 20% of the total energy generated by the Golden Plains Wind Farm — East.

When both stages of the 1.3GW project are completed, the Golden Plains Wind Farm will be capable of producing more than 4,000GWh of green energy annually. This is equivalent to the energy required to power every home in regional Victoria—more than 765,000 homes.

Andrew Riggs, TagEnergy Managing Partner, Australia said, “TagEnergy welcomes the signing of this significant PPA with Equinix for 20% of the clean energy generated by Golden Plains Wind Farm — East.”

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“This is the second PPA for stage one of our mega-project after Snowy Hydro purchased 40% of the energy and green certificates (LGCs) for stage one taking total contracted volume to 60%. We look forward to delivering clean energy to support Equinix to achieve its renewables targets as we work to accelerate the energy transition,” he said.

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