Deals Counterparts

Innagreen Investments confirmed as long-term equity partner for Tarong West Wind Farm in Queensland, Australia

Partnership Onshore Wind announced Australia Feb 25, 2026
436.5 MW
Capacity

Innagreen Investments acquired a A$450 million long-term equity stake in the 400 MW Tarong West Wind Farm. Queensland Energy Partners divested the interest, positioning Innagreen as a key long-term equity partner for the Queensland onshore wind asset. This transaction significantly advances Queensland's 70% renewable energy target by 2032, critical for the state's decarbonized power grid transition. Its strategic location near existing transmission infrastructure enhances operational efficiency and grid integration.

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Deal Analysis

Innagreen Investments has committed A$450 million for a long-term equity stake in the 436.5 MW Tarong West Wind Farm, a critical onshore wind asset in Queensland, Australia. This capital infusion directly supports Queensland's ambitious 70% renewable energy target by 2032, accelerating the state's decarbonized power grid transition. Queensland Energy Partners divested its interest, establishing Innagreen as a dedicated long-term equity partner for the utility-scale project. The Tarong West Wind Farm's strategic location near existing transmission infrastructure in Queensland further enhances its operational efficiency and grid integration, securing its foundational role in the regional energy mix. Innagreen Investments' A$450 million commitment aligns precisely with its mandate for long-term ownership of utility-scale renewable energy projects, securing a high-quality clean energy asset in Australia. As a global renewable energy company, RES Group continues its involvement as a partner, contributing its expertise across development, construction, and operation for the Tarong West Wind Farm. RES Group's asset management and digital services will support the project's ongoing performance in Queensland. This partnership demonstrates continued investor confidence in Australian onshore wind, particularly for projects critical to achieving state-level decarbonization goals such as Queensland's 70% renewable energy target by 2032.
  • Innagreen Investments acquired a A$450 million long-term equity stake.
  • The Tarong West Wind Farm has a capacity of 436.5 MW.
  • The transaction supports Queensland's 70% renewable energy target by 2032.
  • Project is strategically located near existing transmission infrastructure in Queensland, Australia.
  • Innagreen Investments focuses on long-term ownership of utility-scale renewable energy projects.
  • The partnership was announced on 2026-02-25.

Timeline

Announced
Feb 25, 2026
Signed
Closed

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