Alinta Energy and Parkwind team up and confirm a site to co-develop the Spinifex Offshore Wind Farm
Alinta Energy and JERA Nex, through its wholly owned subsidiary Parkwind, have agreed to join forces to develop the 1GW+ Spinifex Offshore Wind Farm in the Southern Ocean Region Declared Area in south west Victoria.
Under the agreement Alinta Energy and JERA Nex, the newly launched renewable energy company created by JERA combining the resilience of Japan’s largest utility company with the focus and agility of a dedicated renewables business, will apply their respective expertise and capabilities to jointly develop the Spinifex Project.
Alinta Energy MD & CEO Jeff Dimery said he was excited to work with the JERA Nex team who bring strong experience as developers and operators.
“JERA and Parkwind both have a great track-record in offshore wind and has pioneered some impressive engineering and construction techniques. We love that spirit and the launch of JERA Nex, bringing the two companies’ renewable expertise together, is exactly what we’ll need in Australia to build a new industry from the ground up.”
“The other thing that attracted us to JERA Nex was its vision for ensuring the project benefits communities in south west Victoria,” he said.
“There is huge potential for offshore wind in Australia and we’re confident that the combination of Alinta Energy’s local expertise and experience and our offshore credentials provide a strong foundation for this project,” said Francois Van Leeuw VP of Development & Construction Offshore, JERA Nex and co-CEO of Parkwind. “We’re looking forward to working closely with the local community to bring clean, sustainable energy to Australian homes and businesses.”
The team at JERA Nex, of which Parkwind plays a central part, has experience of in offshore wind and in developing supply chains for new offshore wind regions. JERA Nex owns and operates seven wind farms across the world including in Belgium, Germany, the UK, Japan and Taiwan, and has a significant global pipeline.
A local supply chain and industry development study completed by the project in 2023 estimated the project could contribute up to A$1.6 billion during the construction period and A$40 million per year in operation to the regional economy.
RBC Capital Markets and Rothschild & Co acted as joint financial advisors and Clayton Utz acted as legal advisor to Alinta Energy. Ashurst acted as legal advisor to Parkwind.
For media inquiries, please contact:
JERA Nex: Ben Hunt, ben.hunt@jeranex.com
Parkwind: Karen Blommaert, communication@parkwind.eu
Alinta Energy: Julian Polachek on 1300 455 156 or email media@alintaenergy.com.au.
About JERA Nex and Parkwind
JERA Nex is a company created by JERA to scale renewable energy for a sustainable future. JERA Nex combines the resilience of JERA, one of the world’s largest electricity producers, with the agility and focus of a dedicated renewables business that can act at the pace required to drive the global energy transition.
JERA Nex invests in, currently owns and operates a portfolio of renewable energy assets, with a portfolio over 3GW that includes offshore wind, onshore wind and solar, as well as battery storage. This includes Parkwind, its wholly owned subsidiary. Headquartered in London, and with centres of excellence in Belgium, Japan, Taiwan and the US, our team of more than 300 renewable and energy industry experts combines global knowhow and experience with the local expertise and knowledge necessary to deliver successful projects.
Parkwind is an integrated offshore wind business that develops, finances and operates offshore wind farms. Since July 2023, Parkwind has been operating as part of JERA Co., Inc. Together, Parkwind and JERA have more than a decade of experience and over 1,500 MW of offshore wind assets under operational management in Belgium, Germany, the UK, Taiwan, and Japan, in addition to an extensive pipeline of offshore wind projects in development around the world including in Belgium, Germany, Ireland, Japan, France, Norway, Greece, and Australia/New Zealand.
Committed to making green energy available and affordable for everyone through its unique approach of covering the entire value chain of offshore wind, Parkwind has established itself as a reliable and competitive partner to communities, governments and suppliers globally.
About Spinifex
Spinifex is a proposed offshore wind farm in the Southern Ocean Region Declared Area in south west Victoria. It could provide approximately 1 GW of green energy, which is enough to power approximately 650,000 Victorian homes each year. Spinifex was announced publicly in late 2021 and is in the pre-planning and development phase. The Portland Aluminium Smelter is a potential customer and connection point for the electricity produced by the project.
Read more about the Spinifex Offshore Wind Farm project here - Spinifex Home Page - Spinifex (spinifexoffshore.com.au).
About Alinta Energy
Alinta Energy is one of Australia’s largest energy retailers, generators, investors and developers. In the last decade we’ve grown from being the largest residential gas retailer in Western Australia to the preferred electricity and gas provider for more than 1.1 million homes and businesses Australia-wide.
We have an owned and contracted generation portfolio of 3,000 MW across Australia and New Zealand – including gas, wind, solar, and coal. Our determination to make energy better has put us at the forefront of the transition to renewables. We built Western Australia’s highest producer of renewable energy (the Yandin Wind Farm), the first grid-forming big battery in Australia, and one of the biggest remote solar installations at the Chichester solar-gas hybrid project. And we’re developing over $10 billion of renewables and storage projects including offshore wind and pumped hydro projects.
We’re proud of our local customer service centres and agents in Perth, Western Australia and Morwell in Victoria, and employ around 1000 people across the country.