Tilt Renewables

Tilt Renewables Pty Ltd is an Australian electricity generation company, dual listed on the New Zealand stock exchange and Australian stock exchange. Tilt Renewables was demerged from Trustpower in October 2016, with Tilt Renewables taking ownership of all operational wind assets and the wind and solar development pipeline, and Trustpower retaining all hydro assets.

Tilt Renewables Pty Ltd
TypePublic
NZX: TLT, ASX: TLT
IndustryEnergy
Founded2016
Headquarters
Melbourne
,
Australia
ServicesElectricity
Websitewww.tiltrenewables.com

On 15 March 2021, a takeover was announced with support from the largest shareholders and independent board members. The proposed scheme of arrangement would be worth A$2.75 billion by a consortium where the New Zealand assets would be taken over by Mercury NZ and the Australian assets by Powering Australian Renewables Fund – itself a consortium of AGL Energy, QIC Global Infrastructure Fund and the Australian Government's Future Fund.[1]

Generation Assets

Below is the list of currently generating assets[2] owned by Tilt Renewables

StationTypeCapacity (MW) Annual Output (GWh)CommissionedLocation
Tararua (Stage 1, 2 and 3)Wind 161 5631999, 2004, 2007Manawatu, New Zealand
Mahinerangi (Stage 1) Wind 36 1012011 New Zealand
Snowtown Wind Farm (Stage 1 and 2) Wind 371 1232 2008, 2014 South Australia
Crookwell Wind Farm Wind 5 8 1998 Crookwell, New South Wales
Blayney Wind Farm Wind 10 18 2000 Blayney, New South Wales
Salt Creek Wind Farm Wind 54 172 2018 Woorndoo, Victoria
Waipipi Wind Farm Wind 133 455 2021 Waverley, New Zealand

Developments

Below is list of the upcoming development pipeline[2] [3] for Tilt Renewables

StationTypeCapacity (MW)Location
Waddi Wind and Solar Farm Wind/Solar ≤145 (Wind), ≤50 (Solar) Western Australia
Dundonnell Wind Farm Wind ≤336 Victoria
Rye Park Wind Farm Wind ≤327 New South Wales
Palmer Wind Farm Wind ≤375 South Australia
Western Downs Solar Farm Solar ≤250 Western Downs, Queensland
Snowtown North Solar Farm Solar ≤045 Snowtown, South Australia
Dysart Solar Farm Solar ≤100 Dysart, Queensland
Highbury Pumped Hydro Energy Storage (cancelled)[4] Pumped Hydro Storage ≤300, 1350MWh storage capacity Highbury, South Australia
Mahinerangi Wind Farm (Stage 2) Wind ≤160 New Zealand
Kaiwera Downs Wind Farm Wind ≤240 New Zealand
Kaiwaikawe Wind Farm Wind 73 New Zealand

See also

References
  1. Mazengarb, Michael; Parkinson, Giles (15 March 2021). "AGL leads renewable power play in agreed $2.75 billion bid for Tilt". Renew Economy. Retrieved 15 March 2021.
  2. "Demerger of Trustpower Limited - SCHEME BOOKLET".
  3. "Assets and Projects". Tilt Renewables. Retrieved 2019-02-12.
  4. Cameron, Ben (19 September 2019). "$440 million pumped hydro scheme at Highbury quarry abandoned". The Advertiser. Retrieved 20 September 2019.
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