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AGL signs renewable energy PPA for Waddi Wind Farm in WA

AGL Energy today announced a Power Purchase Agreement (PPA) with Tilt Renewables to offtake electricity from the Waddi Wind Farm in Western Australia. 

The 15-year agreement provides AGL with an offtake of 100% of the expected 105 MW of generation from the Waddi Wind Farm currently under development.

AGL Chief Commercial Officer, David Moretto, said renewable energy PPAs add important portfolio diversification and help to support the decarbonisation of the AGL Energy group’s electricity supply.

“This renewable energy PPA will add important portfolio diversification for AGL Perth Energy and enable the team to offer a broader range of products to our customer base in WA,” he said.

AGL Perth Energy General Manager, Giles Redmile, said this is an important milestone as the company continues to grow its offering in the WA market.

“AGL Perth Energy has been supplying electricity and gas to Western Australian SMEs and large commercial and industrial businesses for many years. This is the first long-term wind PPA for AGL Perth Energy and it will allow us to expand our product offering with renewable energy linked supply, as we continue to grow our business in WA over the coming years,” he said. 

The Waddi Wind Farm, located in the Shire of Dandaragan, approximately 150 km north of Perth, is strategically aligned with the Western Australian Government’s Clean Energy Link North transmission expansion initiative as outlined in the recent WA Government SWIS Transmission Plan. The project is being developed by Tilt Renewables and is targeting the supply commencement date under the PPA in the second half of 2028. The parties’ substantive obligations under the 15-year agreement will run from that point forward.

AGL Perth Energy is a Western Australian-based energy business, that is owned by AGL Energy Ltd and has been operating in the WA market since 1999. The company supplies electricity and gas to SMEs, and commercial and industrial businesses in the Wholesale Electricity Market (WEM) across south-west WA. The company also supports local businesses in WA with sustainable energy solutions such as solar, batteries, and remote power solutions. 

AGL enters into PPAs with renewable generators as a buyer and in doing so, purchases energy and renewable energy certificates for a fixed price. Renewable PPAs play an important role in the energy transition as they can help to underwrite new renewable generation.

Contacts

MediaMedia Relations
+61 3 9087 6769
media@agl.com.au

Investor Relations

James Thompson
Head of Investor Relations
+61 403 183 563
JThompson5@agl.com.au