Equis Launches GreenPoint Energy with 2.5GW of BESS and Wind Projects Across Australia’s NEM

Why It Matters

The consolidation gives Equis a streamlined platform to capture Australia’s fast‑growing battery‑storage market, while long‑term contracts and CIS guarantees lower investment risk and attract capital. This positions GreenPoint Energy as a leading player in the nation’s transition to a renewable‑focused grid.

Key Takeaways

• GreenPoint Energy consolidates Equis' Australian renewables and storage under one platform.
• Portfolio totals 2.5 GW across 12 BESS and wind projects nationwide.
• Melbourne Renewable Energy Hub is a 600 MW/1.6 GWh Tesla Megapack facility costing US$790 million.
• NSW and SA BESS projects secured CIS support and merchant debt financing.
• Over 70% of revenue is locked in 10‑year rolling off‑take contracts.

Pulse Analysis

Australia’s renewable‑energy landscape is entering a phase of rapid scaling, driven by a surge in utility‑scale battery storage and supportive policy mechanisms. The federal Capacity Investment Scheme (CIS) has become a cornerstone, offering revenue floors that mitigate market volatility and encourage private capital. As the National Energy Market (NEM) expands its storage pipeline—now exceeding 33 GW—investors are seeking platforms that combine technical expertise with financial safeguards, a niche GreenPoint Energy aims to fill.

GreenPoint’s 2.5 GW portfolio showcases a balanced mix of battery‑energy‑storage systems and wind farms, anchored by the 600 MW/1.6 GWh Melbourne Renewable Energy Hub. Built with 444 Tesla Megapack units, the hub’s US$790 million cost reflects disciplined project delivery, finishing on schedule and within budget. Upcoming projects like the 250 MW/500 MWh Calala BESS in NSW and the 200 MW/800 MWh Koolunga BESS in SA benefit from the first merchant BESS debt financing in NSW and CIS backing, underscoring the growing confidence in Australia’s storage financing models.

For investors, GreenPoint’s strategy of locking at least 70% of revenue into 10‑year rolling off‑take contracts provides a predictable cash‑flow profile, essential for underwriting large‑scale infrastructure. Coupled with the founders’ track record of deploying AU$6.1 billion (≈US$4.4 billion) across 250 assets globally, the platform is well‑positioned to capture further market share as the NEM’s storage share approaches 50% of all projects in connection. This combination of policy support, operational expertise, and financial de‑risking makes GreenPoint Energy a bellwether for the next wave of Australian clean‑energy investment.