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Equis Launches GreenPoint Energy with 2.5 GW of Australian Wind and Battery Assets

Equis creates GreenPoint Energy, a subsidiary to own and operate 2.5 GW of wind and battery projects in Australia, including a 600 MW Melbourne storage hub.

Elena Voss/3 min/US

Business & Markets Editor

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Equis Launches GreenPoint Energy with 2.5 GW of Australian Wind and Battery Assets

Equis Launches GreenPoint Energy with 2.5 GW of Australian Wind and Battery Assets

Source: GreenpointenergyOriginal source

Equis has formed GreenPoint Energy, a wholly owned subsidiary that will manage a 2.5 GW mix of wind farms and battery storage projects in Australia, including a 600 MW/1.6 GWh battery hub in Melbourne.

Context Equis, a U.S.‑based energy investor, is expanding its clean‑energy footprint in the Asia‑Pacific. Australia’s National Electricity Market (NEM) is rapidly adding renewable capacity to meet rising demand and decarbonisation targets. The country’s policy environment now favors large‑scale battery storage to balance intermittent wind generation.

Key Facts - GreenPoint Energy will oversee 12 renewable and storage assets spread across multiple states, totaling 2.5 GW of capacity. The portfolio combines utility‑scale wind projects with battery energy storage systems (BESS) that can inject power quickly to stabilise the grid. - The Melbourne Renewable Energy Hub in Victoria features a 600 MW battery capable of delivering 1.6 GWh of energy, ranking among the nation’s largest storage installations. This system can supply power for up to 2.7 hours at full output, providing critical flexibility for the NEM. - As a wholly owned subsidiary, GreenPoint Energy will handle development, construction, and long‑term ownership of the assets, consolidating Equis’ Australian operations under a single platform.

What It Means The launch positions Equis as a significant player in Australia’s clean‑energy transition. By bundling wind generation with sizable battery storage, GreenPoint can offer grid operators reliable, dispatchable power, reducing reliance on fossil‑fuel peaker plants. The Melbourne hub alone will help smooth supply fluctuations, supporting higher renewable penetration. For investors, the move signals confidence in Australia’s regulatory support for large‑scale storage and the commercial viability of integrated wind‑battery projects. The platform’s scale may attract additional capital, accelerating further development in the region. Watch next: Monitor the commissioning schedule of the Melbourne hub and any new wind‑battery contracts GreenPoint secures as the NEM approaches its 2030 renewable‑energy targets.

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