ACEN’s A$760 Million Stubbo Solar Farm Powers Up

• ACEN’s 400 MW Stubbo solar farm powers up in NSW, a AUD 760m milestone boosting grid capacity and Australia’s coal-to-clean transition.

ACEN Australia’s 400-megawatt Stubbo solar farm in New South Wales has entered full commercial operation, marking one of the state’s larger utility-scale solar projects. The development represents an investment of about AUD 760 million (USD 495 million; EUR 429.3 million), according to the company.

The project adds sizable new solar capacity to the NSW grid as Australia accelerates its energy transition. Stubbo’s completion underscores ACEN’s growing footprint in the market and follows a wave of large-scale renewable builds aimed at replacing aging coal-fired generation. Financial terms beyond the stated capital outlay were not disclosed, and ACEN did not detail offtake arrangements in the announcement.

Who are Stubbo’s offtakers, and what are the PPA terms and tenor?

• Offtakers: Not publicly disclosed by ACEN; no named counterparties announced to date.
  
• PPA structure: Undisclosed; ACEN has not confirmed any executed long-term offtake for Stubbo.
  
• Tenor: Not disclosed; no public details on contract length or start dates.
  
• Current revenue stance: Likely operating with a merchant exposure and/or short-term hedging and LGC sales until any future offtake is announced.