Anza Power makes big entry in Australia with 1.4 GW solar and 3.4 GWh battery pipeline

By Global Infrastructure Sherpa · Jan 16, 2026

Acquisition Solar, Storage, Hybrid announced Australia Jan 16, 2026

1400 MW

Capacity

early_development

Stage

Anza Power has acquired a 1.4 GW pipeline of solar developments and more than 3.4 GWh of battery energy storage projects from Bison Energy. The acquisition provides a strong foundation for Anza to accelerate its growth in the Australian and New Zealand energy markets. The company will provide firmed, 24/7 renewable energy solutions for commercial and industrial customers as demand continues to grow in both markets.

Deal Analysis

Anza Power's acquisition of Bison Energy's 1.4 GW solar and 3.4 GWh battery pipeline marks a significant entry into the Australian renewable energy market. This platform acquisition provides Anza Power with a substantial portfolio of early-stage development projects, enabling them to establish a strong foothold and accelerate growth in both Australia and New Zealand. The deal aligns with Anza Power's strategy to provide firmed, 24/7 renewable energy solutions to commercial and industrial customers, capitalizing on the increasing demand for reliable renewable energy in the region. The involvement of I Squared Capital (ISQ) as an investor further underscores the strategic importance of this transaction. The size of the acquired pipeline, encompassing both solar and battery storage assets, positions Anza Power as a key player in the Australian renewable energy landscape. This acquisition is indicative of the growing trend towards integrated renewable energy solutions, combining solar generation with battery storage to enhance grid stability and reliability.

Anza Power acquires a 1.4 GW solar and 3.4 GWh battery pipeline from Bison Energy.
The deal represents a platform acquisition for Anza Power to enter the Australian and New Zealand markets.
I Squared Capital (ISQ) is involved as an investor, highlighting the deal's significance.
The acquisition focuses on providing firmed, 24/7 renewable energy solutions.

Market Context: The Australian renewable energy market is experiencing significant growth, driven by increasing demand for clean energy and government policies supporting renewable energy development. The integration of battery storage with solar generation is becoming increasingly important to address intermittency challenges and ensure grid stability.