Infigen Energy

Infigen Energy
Company typePublic (2005–2020), Subsidiary (since 2020)
ASX:IFN (2005–2020)
IndustryEnergy
Founded2003[1]
Headquarters
Sydney
,
Australia
Number of locations
5
Area served
Australia
Key people
Ross Rolfe, CEO[2]
ProductsElectricity
Production output
1,487 GWh (2017FY, p. 24)[3][page needed]
ServicesRenewable energy asset management
RevenueAU$197 million (2017FY, p. 5)[4]
AU$156 million (2017FY, p. 22)[3][page needed]
AU$32.3 million(2017FY, p. 52)[3][page needed]
Total assetsAU$1,235.9 million (2017FY, p. 53)[3][page needed]
Total equityAU$479million (2017FY, p. 53)[3][page needed]
Number of employees
50-100[5][page needed]
ParentIberdrola (since 2020)
Websitewww.infigenenergy.com

Infigen Energy (Infigen), operating under this name since 29 April 2009,[6] is a developer, owner and operator of renewable energy generation assets in Australia. Infigen's wind farm portfolio has an installed capacity of 557 MW.[7] Most of Infigen's assets generate electricity from renewable sources and are eligible to sell Large-scale Generation Certificates (LGCs) under the mandatory Renewable Energy Target scheme, which operates in Australia under the Renewable Energy (Electricity) Act 2000. Since 2020, Infigen Energy has been a subsidiary of Iberdrola.

Infigen also operates open cycle gas turbine power stations Smithfield Energy Facility in New South Wales and will take on Temporary Generation South in South Australia in 2020, in addition to a grid-scale battery near the Lake Bonney Wind Farm.[8]

Infigen previously owned a wind farm portfolio in the US. In October 2015 Infigen sold its US wind business to an Arclight Capital Partners, LLC for US$274.4 million.[9] The US wind farms are subsequently operated by Leeward Renewable Energy, LLC.

Infigen reports under the Carbon Disclosure Project.

Infigen is a member of the Australian Energy Council and the Clean Energy Council.

  1. ^ "Sydney:IFN". wsj.com. Retrieved 30 October 2013.
  2. ^ Kohler, Alan (1 May 2018). "Earth, Wind & Fire: Infigen Energy". theconstantinvestor.com. Retrieved 28 May 2018.
  3. ^ a b c d e "Infigen Energy Annual Report 2017" (PDF). Retrieved 25 May 2018.
  4. ^ "Infigen Energy Annual Report 2017"
  5. ^ Infigen Energy ESG Report 2016
  6. ^ "ASX Release: BBW Name Change and Updated Constitutions" (PDF). asx.com.au. 29 April 2009. Retrieved 28 May 2018.
  7. ^ Sarah Thompson; Anthony Macdonald; Joyce Moullaki (9 December 2015). "Renewables crossroads lead to Infigen". afr.com. Retrieved 22 January 2016.
  8. ^ "INFIGEN ADDS SOUTH AUSTRALIA GAS TURBINES". ASX Release. Infigen Energy. 28 August 2019. Archived from the original on 30 August 2019. Retrieved 30 August 2019.
  9. ^ "ASX Release: Infigen announces sale of US wind business". Archived from the original on 27 January 2016. Retrieved 22 January 2016.