Wellington BESS

Wellington BESS Project - Financing

Borrower(s)
Wellington BESS
Industry
Power/Battery storage
Area of finance
Project & Infrastructure Finance
Region
Australasia
Australasia
Countries
Australia

Deal Overview

A A$340 million project financing for the 300MW/600MWh Wellington Stage 1 battery energy storage system in New South Wales. The project is scheduled to begin operation in 2026 and will benefit from a 10-year offtake agreement for 150MW with ZEN Energy.

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Deal Volume
$231.17m
Financial Close
08/07/2025
Dealmakers
Sources
Submitted by participant(s)

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Tranches

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Project Deals

Wellington BESS Project (Bulabul Battery Stage 1)
$365.4m
Greenfield
Battery storage
Australasia
Australasia
Australia