Gamuda signs landmark deal for Tasmanian renewable energy projects

We’re proud to announce that we have signed a landmark agreement with Tasmanian landowners to co-develop a 600 MW portfolio of wind and solar energy projects, alongside up to 600 MW of battery storage, in Central Tasmania. 🌱 This agreement marks our first equity investment in Australia’s renewable energy market and includes: ☀️ Weasel Solar Farm – 250 MW solar + BESS 🍃 Cellars Hill Wind Farm – 350 MW wind + BESS Led by respected local landowners, the Downie Family and development partner Alternate Path, this landowner-driven portfolio has been shaped through close collaboration with the community and government. It’s designed to be sensitive to the local environment while delivering tangible local benefits, including energy rebates for households within 12 km of the projects. As part of the deal, Gamuda will: 🔹 Take an equity stake to secure development rights 🔹 Deliver all projects under sole-source EPC contracts 🔹 Uphold the landowner-led principles and strong social licence that underpin the portfolio “This deal represents our first Australian investment and aligns with our goal to invest and construct high-quality energy projects to diversify and grow our Australian business,” said Jarred Hardman, Gamuda’s Chief Strategy and Growth Officer. Read how this partnership is setting a new standard for how projects can be done, with people at the centre https://lnkd.in/g4B2e2Wn #RenewableEnergy #CleanEnergy #WindEnergy #SolarEnergy #BatteryStorage #EnergyTransition #Tasmania #Gamuda #GamudaAustralia #Sustainability #Infrastructure #NetZero #AlternatePath #AustralianEnergy #CommunityLed #GlobalExpertise #LocalDelivery