|Type||Public (2005-2020), Subsidiary (since 2020)|
Number of locations
|Ross Rolfe, CEO|
|1,487 GWh (2017FY, p. 24)[page needed]|
|Services||Renewable energy asset management|
|Revenue||AU$197 million (2017FY, p. 5)|
|AU$156 million (2017FY, p. 22)[page needed]|
|AU$32.3 million(2017FY, p. 52)[page needed]|
|Total assets||AU$1,235.9 million (2017FY, p. 53)[page needed]|
|Total equity||AU$479million (2017FY, p. 53)[page needed]|
Number of employees
|Parent||Iberdrola (since 2020)|
Infigen Energy (Infigen), operating under this name since 29 April 2009, is a developer, owner and operator of renewable energy generation assets in Australia. Infigen's wind farm portfolio has an installed capacity of 557 MW. Most of Infigen's assets generate electricity from renewable sources and are eligible to sell Large-scale Generation Certificates (LGCs) under the mandatory Renewable Energy Target scheme, which operates in Australia under the Renewable Energy (Electricity) Act 2000. Since 2020, Infigen Energy has been a subsidiary of Iberdrola.
Infigen also operates open cycle gas turbine power stations Smithfield Energy Facility in New South Wales and will take on Temporary Generation South in South Australia in 2020, in addition to a grid-scale battery near the Lake Bonney Wind Farm.
Infigen previously owned a wind farm portfolio in the US. In October 2015 Infigen sold its US wind business to an Arclight Capital Partners, LLC for US$274.4 million. The US wind farms are subsequently operated by Leeward Renewable Energy, LLC.
Infigen reports under the Carbon Disclosure Project.
Infigen is a member of the Australian Energy Council and the Clean Energy Council.
The name Infigen is derived from the words infinite and generation. Infigen Energy listed on the Australian Securities Exchange (ASX) in October 2005 under the code BBW. When it joined the ASX, it had three wind farms with an installed capacity of nearly 150 megawatts. According to a 2007 article, it had 33 wind farms with an installed capacity of 1,200 megawatts. As of 2007, it was the world's fourth largest owner of wind farms and are Australia's biggest wind power supplier.
In 2009, Infigen changed its name from Babcock & Brown Wind Partners after branching out from troubled parent company Babcock & Brown. ASX code IFN.
In 2012, Infigen hosted its first "Run with the Wind" 10-kilometre fun run at its Woodlawn Wind Farm. The following year, the company hosted their second fun run and were supported by the Greater Western Sydney Giants. In both races, the race was won by Olympian runner Martin Dent, and proceeds were donated to charity. Infigen hosted the fun run in the following years in 2014, 2015, 2016 and 2017. It was announced that in 2018 the fun run will be held on Sunday, 21 October.
In 2013, the company collaborated with Danish wind turbines manufacturer Vestas on the wind energy campaign Act on Facts.
In 2015, Infigen joined the Carbon Disclosure Project's Road to Paris climate commitments, also known as We Mean Business coalition. The same year Infigen joined Australia's CitySwitch Green Office program, which is a partnership between businesses and local, state and federal governments working together to make a positive impact on climate change.
In 2016, Infigen announced the retirement of its managing director and CEO, Miles George and the appointment of Ross Rolfe as his successor with effect from the conclusion of the company's annual general meeting on 17 November 2016. Miles George had been the managing director and CEO of Infigen since 2009.
In 2017, Infigen announced the retirement of Mike Hutchinson as chairman of the board and appointment of non-executive director Len Gill in succession to Mr Hutchinson as chairman of the board.
Infigen is a signatory to Caring for Climate, UN Global Compact.
In June 2020 Credit Suisse launched an after-market takeover bid on Infigen Energy on behalf of UAC Energy. A competing takeover offer was launched by Iberdrola. The Iberdrola offer was ultimately successful, with UAC selling its stake to Iberdrola on 9 September 2020.
Australian wind farms
Infigen Energy holds 100% equity interests in seven Australian wind farms for a total of 670MW capacity, and contracts two others for 89MW. All of Infigen's wind farms are accredited by GreenPower.
|Wind farm||Installed Capacity (MW)||Number of turbines||State||Original Equipment Manufacturer||Off-take customer(s)|
|Alinta (also 'Walkaway')||89.1||54||Western Australia||Vestas||Alinta Energy (electricity & green energy certificates) & AGL Energy (green energy certificates)|
|Bodangora Wind Farm||113.2||33||New South Wales||GE||EnergyAustralia (60% of electricity & LGCs until 2030)|
|Capital||140.7||67||New South Wales||Suzlon||Sydney Desalination Plant|
|Lake Bonney 1||80.5||46||South Australia||Vestas||Corporate customers|
|Lake Bonney 2||159||53||South Australia||Vestas||Corporate customers|
|Lake Bonney 3||39||13||South Australia||Vestas||Corporate customers|
|Woodlawn||48.3||23||New South Wales||Suzlon||Corporate customers|
Sources:[page needed] GreenPower accredited generators
Projects in development.
|Wind farm||Installed Capacity (MW)||Number of turbines||State||Original Equipment Manufacturer||Off-take customer(s)||Status|
|Capital 2||100||41||New South Wales||Project approval 2011. Modification approved in 2017|
|Cherry Tree||55||16||Victoria||State Government Project approval 2013. Securing grid connection|
|Flyers Creek Wind Farm||145||38||New South Wales||Project Approval 2014. Modification approved in 2017|
|Port Augusta Renewable Energy Park||
||50||South Australia||Vestas||Project started by DP Energy then sold to Iberdrola. Infigen is now the Australian subsidiary. Construction commenced late 2020|
Australian solar farms
Infigen Energy holds 100% equity interests in its Australian solar farm.
|Solar farm||Installed Capacity (MW)||State|
|Capital East||0.1||New South Wales|
Source: Company website
U.S. wind farms
Infigen Energy previously owned 18 renewable energy assets in nine states across the U.S.: They are now owned by Leeward Energy, owned by ArcLight Capital Partners. In 2014, EDPR had operating expenses of $25.1/MWh for its US wind farms.
|Wind farm||Installed Capacity (MW)||Number of turbines||State|
|Combine Hills I||41||41||Oregon|
- ^ "Sydney:IFN". wsj.com. Retrieved 30 October 2013.
- ^ Kohler, Alan (1 May 2018). "Earth, Wind & Fire: Infigen Energy". theconstantinvestor.com. Retrieved 28 May 2018.
- ^ a b c d e "Infigen Energy Annual Report 2017" (PDF). Retrieved 25 May 2018.
- ^ "Infigen Energy Annual Report 2017"
- ^ Infigen Energy ESG Report 2016
- ^ "ASX Release: BBW Name Change and Updated Constitutions" (PDF). asx.com.au. 29 April 2009. Retrieved 28 May 2018.
- ^ Sarah Thompson; Anthony Macdonald; Joyce Moullaki (9 December 2015). "Renewables crossroads lead to Infigen". afr.com. Retrieved 22 January 2016.
- ^ a b "INFIGEN ADDS SOUTH AUSTRALIA GAS TURBINES". ASX Release. Infigen Energy. 28 August 2019. Retrieved 30 August 2019.
- ^ "ASX Release: Infigen announces sale of US wind business". Archived from the original on 27 January 2016. Retrieved 22 January 2016.
- ^ a b "Babcock & Brown Wind becomes Infigen". businessday.com. Australian Associated Press. 29 April 2009. Retrieved 30 October 2013.
- ^ Johnston, Tim (31 May 2007). "Australian investment fund rides the win". nytimes.com. Retrieved 30 October 2013.
- ^ "Australia's small-scale green energy installations reach 2 million". upi.com. 9 January 2014. Retrieved 31 January 2014.
- ^ McGrath, Pat (9 January 2014). "Renewable energy companies want certainty about review timeline". abc.net.au. Retrieved 31 January 2014.
- ^ "Run with the wind - Off Track". abc.net.au. 25 November 2012. Retrieved 22 November 2013.
- ^ "600 runners enter Run With The Wind". goulburnpost.com. 19 November 2013. Retrieved 22 November 2013.
- ^ "Vestas launches Act on Facts campaign in battle against anti-wind movement, says "Don't let myths dictate our future"". vestas.com. 11 June 2013. Retrieved 30 October 2013.
- ^ "Managing Director and Chief Executive Office Succession" (PDF). infigen.com. 13 October 2016. Retrieved 28 May 2018.
- ^ "Board Succession" (PDF). infigen.com. 29 December 2017. Retrieved 28 May 2018.
- ^ "Caring for Climate Welcome Letter, UN Global Compact" (PDF). Archived from the original (PDF) on 28 January 2016. Retrieved 22 January 2016.
- ^ Thompson, Sarah; Macdonald, Anthony; Boyd, Tim (2 June 2020). "Credit Suisse in Infigen Energy raid, $1.2b takeover bid pending". Australian Financial Review.
- ^ Chong, Florence (10 September 2020). "Iberdrola to complete Infigen takeover as rival bidder UAC bows out". IPE Real Assets. IPE International Publishers. Retrieved 12 September 2020.
- ^ a b "Infigen Energy Investor Presentation" (PDF). www.infigenenergy.com. 17 May 2017. Retrieved 30 May 2018.
- ^ "Bodangora". Infigen Energy. Retrieved 30 August 2019.
- ^ "Notice to proceed to construction of 113 MW Bodangora wind farm". www.infigenenergy.com. 31 March 2017. Retrieved 30 May 2017.
- ^ a b c d "Infigen Energy Interim Results (2018FY)" (PDF). www.infigenenergy.com. 19 February 2018. Retrieved 30 May 2018.
- ^ a b Infigen Energy Annual Report 2015
- ^ "Flyers Creek Wind Farm". Iberdrola Australia.
- ^ "Flyers Creek Wind Farm". Major Projects. Government of New South Wales Department of Planning, Industry and Environment. Retrieved 30 August 2019.
- ^ Mazengarb, Michael (28 May 2021). "Massive Port Augusta wind-solar hybrid project to be energised within months". Renew Economy. Retrieved 31 May 2021.
- ^ Leeward Energy, operational assets
- ^ Sonal Patel. "DOE Report Highlights Triumph, Trouble for Wind Power Sector" August 12, 2015
- ^ Leeward Energy website, operational assets
- Renewable energy companies of Australia
- Wind power in Australia
- Wind power companies of the United States
- Companies based in Sydney
- Energy companies established in 2003
- Renewable resource companies established in 2003
- Australian companies established in 2003
- Companies formerly listed on the Australian Securities Exchange
- Electric power companies of Australia