Octopus Snaps Up 100MW Battery, Bolsters NSW Solar

• Octopus Group snaps up 100‑MW NSW battery to bolster solar, grid reliability, fast-tracking APG-backed storage-led strategy in Australia’s clean energy push.

Octopus Group’s Australian arm has bought a 100‑MW battery project in New South Wales to firm capacity at its solar parks, advancing its storage-led strategy. The deal comes less than three months after Dutch pension fund APG Asset Management injected AUD 1 billion (USD 649.2 million; EUR 556.8 million) into Octopus.

Octopus did not disclose financial terms or a commissioning timeline. The battery is to stabilize output from intermittent generation and support grid reliability in New South Wales as renewables connect. The acquisition underscores Octopus’s deployment of APG-backed capital into Australian clean-energy infrastructure, with storage complementing its solar development portfolio.

What is the storage duration, commissioning timeline, and location of the NSW battery?

• Storage duration: Not disclosed
• Commissioning timeline: Not disclosed
• Location: New South Wales, Australia (exact site not disclosed)