Origin Energy Limited (Origin) today announced it had entered into an agreement with Jemena Gas Pipelines Holdings Pty Ltd (Jemena) for the sale of Darling Downs Pipeline Network for $392 million. The transaction lifts sales from Origin’s asset divestment program announced in September 2015 to $1 billion, considerably higher than the original $800 million target.
Origin adds 530 MW of renewable energy to its portfolio, Sets new benchmark for renewable PPA pricing
Origin Energy Limited (Origin) continues to grow one of Australia’s largest, and lowest cost, renewable energy portfolios, today announcing it will commit to a 530 MW long-term power purchase agreement (PPA) for the Stockyard Hill Wind Farm, which sets a new benchmark for renewable PPA pricing in the market.
Origin Energy Limited (Origin) today announced it had increased to 70 per cent its share in the Beetaloo Joint Venture* after acquiring Sasol Petroleum Australia Limited’s (Sasol) 35 per cent share.
Origin Energy Limited (Origin) Chairman Mr Gordon Cairns today announced Ms Teresa Engelhard has joined the Origin Board as an independent Non-executive Director to fill a vacancy. Ms Engelhard also joins the Remuneration and People Committee.
Origin Energy Limited (Origin) today announced it had sold the Darling Downs Solar Farm project to APA Group (APA) and expects to sign another large scale solar power purchase agreement (PPA) on completion of the sale, as Origin continues to accelerate the uptake of renewable power in Australia. The PPA will underpin the development of Darling Downs Solar Farm in Queensland.
Origin Energy Limited (Origin) today noted the Australian Government’s announcement that it will introduce an Australian Domestic Gas Security Mechanism.
Origin Energy Limited (Origin) today announced its Integrated Gas CEO, David Baldwin, had decided to step down from the role at the end of April 2017 and that current General Manager, Commercial, Mark Schubert, had been appointed Executive General Manager, Integrated Gas, effective 1 May 2017.
Origin boosts renewable energy portfolio by 550 MW; on track to add up to 1,500 MW of new renewables by 2020
Origin today welcomed financial close on the Bungala Solar Project, with the company’s agreement to buy all of the renewable power from the plant bringing Origin’s recent commitments to new utility scale solar plants to 550 MW. This puts Origin on track to meet its commitment to build or contract between 1,000 MW and 1,500 MW of large-scale renewable energy by 2020.
Origin Energy Limited (Origin) today announced it had signed two transactions with ENGIE in Australia. The first is an agreement to underpin the operation of Pelican Point power station’s second generation unit (Pelican Point agreement), and the second is an agreement to make more natural gas available for customers in South Australia and Victoria (Gas Sale Agreement).
After 14 years of distinguished service on the Origin Energy (Origin) Board, Dr Helen Nugent has notified the Company of her decision to step down in order to take up the Chair of Ausgrid.