GUNVOR GROUP:
SAYS IT EXPANDS APAC POWER PLATFORM THROUGH LONG-TERM FIRMUS SUPPLY AGREEMENT AND KOOLUNGA BESS OFFTAKE
SAYS UNDER THE 12-YEAR AGREEMENT, GUNVOR WILL SUPPLY ELECTRICITY TO FIRMUS’ SOUTH AUSTRALIA OPERATIONS FROM MID-2027 THROUGH SUPPLY ARRANGEMENTS
SAYS AS PART OF THAT STRUCTURE, GUNVOR IS COMMITTING TO UNDERWRITE 1.2 GW OF ADDITIONAL RENEWABLE GENERATION AND 1.5 GWH OF NEW BATTERY STORAGE CAPACITY BY 2032
SAYS AT 200 MW / 800 MWH, KOOLUNGA IS EXPECTED TO PROVIDE MORE THAN HALF OF FIRMUS’ INITIAL CONTRACTED BATTERY FIRMING REQUIREMENT
SAYS UNDER THE OFFTAKE AGREEMENT, GREENPOINT ENERGY WILL SECURE LONG-TERM REVENUE SUPPORT FOR THE PROJECT