CWP Renewables
{{Short description|Australian renewable energy company}}
{{Use Australian English|date=September 2019}}
{{Use dmy dates|date=September 2019}}
{{Infobox company
| name = CWP Renewables
| logo =
| type =
| industry = Renewable energy
| fate =
| predecessor =
| successor =
| founded = {{Start date and age|2007}}
| founders = Continental Wind Partners and Wind Prospect
| defunct =
| hq_location_city =
| hq_location_country =
| areas_served = Australia and Europe
| key_people =
| products =
| owner = Andrew Forrest
| num_employees =
| num_employees_year =
| parent = Tattarang (since 2022)
| website = {{URL|https://cwprenewables.com/}}
}}
CWP Renewables is an Australian developer and owner of renewable energy systems such as wind farms and solar farms.
History
The company was established in 2007 as a joint venture of Continental Wind Partners and Wind Prospect. It was later majority-owned by venture capital group PostScriptum.{{cite web |url=http://energy.anu.edu.au/files/CWP%20Renewable%20Energy%20Microgrids%2028%20Dec%202016%20presentation.pdf |title=Renewable Energy Microgrids |publisher=CWP Renewables |first=Andrew |last=Dickson |via=Australian National University |date=28 November 2016 |accessdate=27 September 2019}}
In December 2022, CWP Renewables was acquired from Partners Group by Squadron Energy, owned by Tattarang, which belongs to Andrew Forrest's family.{{cite press release |url=https://cwprenewables.com/news/cwp-renewables-joins-squadron-energy |title=CWP Renewables Joins Squadron Energy |date=7 December 2022 |publisher=CWP Renewables |access-date=22 December 2022}}{{cite press release |url=https://www.squadronenergy.com/news/2022/squadron-to-lead-australias-energy-transition/ |title=Squadron to lead Australia’s energy transition |date=7 December 2022 |publisher=Squadron Energy |access-date=22 December 2022}}{{cite news |url=https://www.afr.com/street-talk/forrest-s-squadron-energy-to-pay-4b-plus-for-cwp-renewables-20221207-p5c4ar |title=Forrest’s Squadron Energy to pay $4b plus for CWP Renewables |first1=Anthony |last1=Macdonald |first2=Sarah |last2=Thompson |first3=Kanika |last3=Sood |newspaper=Australian Financial Review |access-date=22 December 2022}}
Power generators
CWP Renewables owns and manages several facilities in Australia. Some are owned by Grassroots Renewable Energy Platform, a joint venture with Partners Group private investment managers.
| class="wikitable sortable"
!Name !Generation !state !type | |||
| Bango Wind Farm | 244 | NSW | wind farm under construction (2019) |
| Boco Rock Wind Farm | 130 | NSW | wind farm |
| Cibuk 1 Wind Farm | 158 | Serbia | wind farm under construction (2019) |
| Crudine Ridge Wind Farm | 134 | NSW | wind farm |
| Fântânele-Cogealac Wind Farm | 600 | Romania | wind farm |
| Murra Warra Wind Farm | 434 | Victoria | wind farm |
| Oreshets Solar Farm | 5 | Bulgaria | solar farm |
| Sapphire Wind Farm | 270 | NSW | wind farm |
| Taralga Wind Farm | 106.8 | NSW | wind farm |
...and several other wind and solar projects not yet started construction.
References
{{reflist}}
Category:2022 mergers and acquisitions
Category:Renewable energy companies of Australia
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