|Traded as||ASX: IFN|
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
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. 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. 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 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 and are Australia's biggest wind power supplier.
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 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.
Australian wind farms
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||Off-take customer(s)|
|Alinta (also 'Walkaway')||89.1||54||Western Australia||Vestas||Alinta Energy (electricity & green energy certificates) & AGL Energy (green energy certificates)|
|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|
Projects in development.
|Wind farm||Installed Capacity (MW)||Number of turbines||State||Original Equipment Manufacturer||Off-take customer(s)||Status|
|Bodangora||113.2||33||New South Wales||GE||EnergyAustralia (60% of electricity & LGCs until 2030)||Under construction (2018 completion)|
|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||145||38||New South Wales||Project Approval 2014. Modification approved in 2017|
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 (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.
List of wind farms in USA
There are 18 renewable energy assets located in nine states across the U.S.:
|Wind farm||Installed Capacity (MW)||Number of turbines||State|
|Combine Hills I||41||41||Oregon|
- "Sydney:IFN". wsj.com. Retrieved 2013-10-30.
- Kohler, Alan (2018-05-01). "Earth, Wind & Fire: Infigen Energy". theconstantinvestor.com. Retrieved 2018-05-28.
- "Infigen Energy Annual Report 2017" (PDF). Retrieved 2018-05-25.
- "Infigen Energy Annual Report 2017"
- Infigen Energy ESG Report 2016
- "ASX Release: BBW Name Change and Updated Constitutions" (PDF). asx.com.au. 2009-04-29. Retrieved 2018-05-28.
- Sarah Thompson; Anthony Macdonald; Joyce Moullaki (2015-12-09). "Renewables crossroads lead to Infigen". afr.com. Retrieved 2016-01-22.
- ASX Release: Infigen announces sale of US wind business
- "Babcock & Brown Wind becomes Infigen". businessday.com. Australian Associated Press. 2009-04-29. Retrieved 2013-10-30.
- Johnston, Tim (2007-05-31). "Australian investment fund rides the win". nytimes.com. Retrieved 2013-10-30.
- "Australia's small-scale green energy installations reach 2 million". upi.com. 2014-01-09. Retrieved 2014-01-31.
- McGrath, Pat (2014-01-09). "Renewable energy companies want certainty about review timeline". abc.net.au. Retrieved 2014-01-31.
- "Run with the wind - Off Track". abc.net.au. 2012-11-25. Retrieved 2013-11-22.
- "600 runners enter Run With The Wind". goulburnpost.com. 2013-11-19. Retrieved 2013-11-22.
- "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.
- "Managing Director and Chief Executive Office Succession" (PDF). infigen.com. 2016-10-13. Retrieved 2018-05-28.
- "Board Succession" (PDF). infigen.com. 2017-12-29. Retrieved 2018-05-28.
- Caring for Climate Welcome Letter, UN Global Compact
- "Infigen Energy Investor Presentation" (PDF). www.infigenenergy.com. 17 May 2017. Archived from the original (PDF) on 17 May 2017. Retrieved 30 May 2018.
- "Infigen Energy Interim Results (2018FY)" (PDF). www.infigenenergy.com. 19 February 2018. Archived from the original (PDF) on 19 February 2018. Retrieved 30 May 2018.
- Infigen Energy Annual Report 2015
- "Notice to proceed to construction of 113 MW Bodangora wind farm". www.infigenenergy.com. 31 March 2017. Archived from the original on 31 March 2017. Retrieved 30 May 2017.
- Planning, c=AU; o=New South Wales Government; ou=NSW Department. "Home page of the NSW Department of Planning website". majorprojects.planning.nsw.gov.au. Retrieved 2018-05-30.
- Sonal Patel. "DOE Report Highlights Triumph, Trouble for Wind Power Sector" August 12, 2015
- Leeward Energy, operational assets
- Leeward Energy website, operational assets