Skip to main content

Macquarie sets up onshore renewable energy business in Australia

Macquarie Asset Management has launched Aula Energy, a new onshore renewable energy business to develop, build, own and operate utility-scale wind, solar and integrated battery energy storage projects in Australia and New Zealand. The initial portfolio of the new company has an expected capacity of 4 GW, of which 2.4 GW accounts for a series of large-scale onshore wind parks in Western Australia. The first two projects are expected to reach financial close in 2024, with the 372 MW Boulder Creek wind farm in Queensland being one of them. 

In 2022, renewables accounted for 30% of the power mix in Australia (13% solar, 11% wind and 6% hydropower), up from 12% in 2015.

Power plant tracker

Interested in Power Plants?

Enerdata has developed a market research service to screen, monitor and analyse the development of power generation assets.

Power Plant Tracker offers an interactive database and a powerful search engine covering power plants worldwide – including both installed and planned capacities for renewables and fossil fuels.

Request a free trial Contact us