Infigen Energy

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Infigen Energy
Traded as ASX: IFN
Founded 2003[1]
Headquarters Sydney, Australia
Number of locations
4
Area served
Australia
Key people
Miles George, CEO[2]
Products Electricity and environmental services
Production output
1,459 GWh (2015FY)[3]
Services Renewable energy asset management
Revenue AU$133.8 million (2015FY)[3]
AU$83.5 million (2015FY)[3]
Total assets AU$2,428.8 million (2015FY)[3]
Total equity AU$160.9 million (FY2015)[3]
Number of employees
50-100[3]
Website www.infigenenergy.com

Infigen Energy (Infigen), formerly Babcock & Brown Wind Partners,[4] 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.[5] All 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.

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.[6] 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 Clean Energy Council.

History[edit]

The name Infigen is derived from the words infinite and generation.[7] Infigen Energy listed on the Australian Securities Exchange (ASX) in October 2005 under the code IFN. When they joined the ASX, they had three wind farms with an installed capacity of nearly 150 megawatts. According to a 2007 article, they had 33 wind farms with an installed capacity of 1,200 megawatts. As of 2007, they were the world's fourth largest owner of wind farms[8] and are Australia's biggest wind power supplier.[9][10]

In 2009, Infigen changed its name from Babcock & Brown Wind Partners after branching out from troubled parent company Babcock & Brown.[7]

In 2012, Infigen hosted its first "Run with the Wind" marathon at its Woodlawn Wind Farm.[11] The following year, the company hosted their second marathon and were supported by the Greater Western Sydney Giants.[12] In both marathons, the race was one by an Olympian runner Martin Dent, and proceeds were donated to charity.

In 2013, the company collaborated with Danish wind turbines manufacturer Vestas on the wind energy campaign Act on Facts.[13]

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.

Infigen is a signatory to Caring for Climate, UN Global Compact.[14]

Australian wind farms[edit]

Infigen Energy holds 100% equity interests in its Australian wind farms. All of Infigen's wind farms are accredited by GreenPower.

Wind farm Installed Capacity (MW) Number of turbines State Original Equipment Manufacturer Electricity off-take customer
Alinta (also 'Walkaway' 89.1 54 Western Australia Vestas Alinta
Capital 140.7 67 New South Wales Suzlon Sydney Desalination Plant
Lake Bonney 1 80.5 46 South Australia Vestas Merchant
Lake Bonney 2 159 53 South Australia Vestas Merchant
Lake Bonney 3 39 13 South Australia Vestas Merchant
Woodlawn 48.3 23 New South Wales Suzlon Merchant

Source:,[3] GreenPower accredited generators

Australian solar farms[edit]

Australian wind 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:[3]

U.S. wind farms (now owned by Leeward Energy, owned by ArcLight Capital Partners)[edit]

In 2014, EDPR had operating expenses of $25.1/MWh for its US wind farms.[15]

List of wind farms in USA[edit]

There are 18 renewable energy assets located in nine states across the U.S.:[16]

Wind farm Installed Capacity (MW) Number of turbines State
Allegheny Ridge 80 40 Pennsylvania
Aragonne 90 90 New Mexico
Bear Creek 24 12 Pennsylvania
Blue Canyon 74.3 45 Oklahoma
Buena Vista 38 38 California
Caprock 80 80 New Mexico
Cedar Creek 300.5 274 Colorado
Combine Hills I 41 41 Oregon
Crescent Ridge 54.45 33 Illinois
GSG 80 40 Illinois
Jersey-Atlantic 7.5 5 New Jersey
Kumeyaay 50 25 California
Mendota Hills 51.7 63 Illinois
Sweetwater 1 37.5 25 Texas
Sweetwater 2 91.5 61 Texas
Sweetwater 3 135 90 Texas
Sweetwater 4 240.8 181 Texas
Sweetwater 5 80.5 35 Texas

Source:[17]

References[edit]

  1. ^ "Sydney:IFN". wsj.com. Retrieved 2013-10-30. 
  2. ^ Kohler, Alan (2009-09-27). "Infigen's successful transition". abc.net.au. Retrieved 2013-10-30. 
  3. ^ a b c d e f g h i Infigen Energy Annual Report 2015
  4. ^ Roth, Martin (2009-11-04). "Steaming hot stocks". smh.com.au. Retrieved 2013-10-30. 
  5. ^ Sarah Thompson; Anthony Macdonald; Joyce Moullaki (2015-12-09). "Renewables crossroads lead to Infigen". afr.com. Retrieved 2016-01-22. 
  6. ^ ASX Release: Infigen announces sale of US wind business
  7. ^ a b "Babcock & Brown Wind becomes Infigen". businessday.com. Australian Associated Press. 2009-04-29. Retrieved 2013-10-30. 
  8. ^ Johnston, Tim (2007-05-31). "Australian investment fund rides the win". nytimes.com. Retrieved 2013-10-30. 
  9. ^ "Australia's small-scale green energy installations reach 2 million". upi.com. 2014-01-09. Retrieved 2014-01-31. 
  10. ^ McGrath, Pat (2014-01-09). "Renewable energy companies want certainty about review timeline". abc.net.au. Retrieved 2014-01-31. 
  11. ^ "Run with the wind - Off Track". abc.net.au. 2012-11-25. Retrieved 2013-11-22. 
  12. ^ "600 runners enter Run With The Wind". goulburnpost.com. 2013-11-19. Retrieved 2013-11-22. 
  13. ^ "Vestas launches Act on Facts campaign in battle against anti-wind movement, says "Don't let myths dictate our future"". vestas.com. 2013-06-11. Retrieved 2013-10-30. 
  14. ^ Caring for Climate Welcome Letter, UN Global Compact
  15. ^ Sonal Patel. "DOE Report Highlights Triumph, Trouble for Wind Power Sector" August 12, 2015
  16. ^ Leeward Energy, operational assets
  17. ^ Leeward Energy website, operational assets

External links[edit]