Melbourne Renewable Energy Hub raises $400M in landmark debt financing for Victorian Battery Energy Storage System
Melbourne Renewable Energy Hub (MREH) has closed the largest non-recourse debt financing package, raising $400m from a debt syndicate comprising Export Development Canada, Societe Generale, Standard Chartered, and Westpac (MREH Debt Financing).
Equis and Victoria's SEC financially close and commence construction on one of the world's largest battery projects
Equis Development Pte Ltd (Equis) and Victoria’s government-owned SEC have financially closed and commenced construction of Phase 1 of the Melbourne Renewable Energy Hub (MREH Phase 1).
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Lower Wonga BESS
Koolunga BESS
Calala BESS
Melbourne Renewable Energy Hub
Projects
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Energy Infrastructure Australia
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Ground Floor
36 Esplanade Brighton
Melbourne VIC 3186
In the spirit of reconciliation EIA acknowledges the Traditional Custodians of Country throughout Australia and their connections to land, sea and community. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.
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Energy Infrastructure Australia
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Project milestones
Released
Federal Government approves one of the largest batteries to power 1 million Victorian homes
Equis Launches Australia’s Largest Battery Energy Storage System
Equis has launched the Melbourne Renewable Energy Hub (MREH), a globally significant energy storage precinct located 25km northwest of Melbourne's commercial business district. Fully developed, MREH will be a 1,200MW/ 2.4GWhBattery Energy Storage System (BESS), the largest such system in Australia and Asia.
Releases
Koolunga:
Lower Wonga:
Calala:
MREH:
DA received 10 August 2023
DA received 14 July 2023
SEARS issued 30 January 2023
EIS submitted 10 November 2023
Planning overlay granted and gazetted 29 July 2021
EPBC approval 21 June 2023
5.3.4A letters received 29 June 2023
Cultural Heritage Management Plan approval: 20 July 2023
Project milestones
Federal Government approves one of the largest batteries to power 1 million Victorian homes
Equis Development Pte Ltd (Equis) and Victoria’s government-owned SEC have financially closed and commenced construction of Phase 1 of the Melbourne Renewable Energy Hub (MREH Phase 1).
Koolunga:
Lower Wonga:
Calala:
MREH:
DA received 10 August 2023
DA received 14 July 2023
SEARS issued 30 January 2023
EIS submitted 10 November 2023
Planning overlay granted and gazetted 29 July 2021
EPBC approval 21 June 2023
5.3.4A letters received 29 June 2023
Cultural Heritage Management Plan approval: 20 July 2023
Project milestones
Get in touch
Energy Infrastructure Australia
Equis Launches Australia’s Largest Battery Energy Storage System
Equis has launched the Melbourne Renewable Energy Hub (MREH), a globally significant energy storage precinct located 25km northwest of Melbourne's commercial business district. Fully developed, MREH will be a 1,200MW/ 2.4GWhBattery Energy Storage System (BESS), the largest such system in Australia and Asia.
Federal Government approves one of the largest batteries to power 1 million Victorian homes
Releases
Project milestones
Released
News
Contact us
Ground Floor
36 Esplanade Brighton
Melbourne VIC 3186
Contact
About
Lower Wonga BESS
Koolunga BESS
Calala BESS
Melbourne Renewable Energy Hub
Projects
Homepage
Energy Infrastructure Australia
In the spirit of reconciliation EIA acknowledges the Traditional Custodians of Country throughout Australia and their connections to land, sea and community. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.