other_material
confidence high
sentiment positive
materiality 0.75
Pacific Green signs 2GWh BESS offtake framework with Re2 Capital in Australia
Pacific Green Technologies Inc.
- Framework agreement with Re2 Capital covers 7-10 year capacity revenue swaps across 4 BESS projects in South Australia, Victoria, NSW, and Queensland, supporting 2GWh.
- Combined with prior ZEN Energy agreement for 1.5GWh, total underwritten capacity reaches 3.5GWh in Australia.
- Deal accelerates route to market for Pacific Green's 7GWh Australian project portfolio.
- CEO Scott Poulter calls it a 'landmark agreement' and 'major milestone' for development business.
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