Sydney, 20 November 2023
Macquarie Asset Management’s Green Investments team has unveiled Aula Energy, a dedicated onshore renewable energy business poised to attract long-term investment capital. Aula Energy’s strategic focus is on the development, construction, and operation of utility-scale wind, solar, and integrated battery projects across the Australian and New Zealand markets, creating a diversified portfolio of actively managed green energy generation assets for the future.
The initial portfolio of Aula Energy is anticipated to boast a capacity of 4 GW* from planned projects, contributing significantly to the energy transition by enhancing renewable energy capacity in the grid. This initiative aligns with Macquarie Asset Management’s commitment to catering to investor demand for long-term opportunities in diversified portfolios of renewable energy assets.
Aula Energy represents the latest addition to Macquarie Asset Management’s suite of specialist businesses dedicated to contributing to the energy transition. This suite includes platforms focusing on global offshore wind, European solar, pan-Asian renewables, and stand-alone battery storage.
The launch of Aula Energy leverages Macquarie’s 17-year track record in renewable energy investments, combined with the expertise of a skilled local team experienced in developing and commercializing onshore renewables. The business, led by Chad Hymas, a veteran with two decades of experience in the energy industry, aims to establish a robust and sustainable long-term presence to meet future energy needs.
Chad Hymas, the leader of Aula Energy, emphasized the significance of collaboration and partnerships in realizing the company’s vision. “Key to Aula Energy’s approach will be the long-term sustainable development of these assets. We believe it’s through partnerships that we can have the most impact. That’s why we will prioritize long-term relationships and meaningful collaboration in developing our projects,” said Mr. Hymas.
Aula Energy’s initial portfolio, with an expected capacity of 4 GW*, covers projects in every state of Australia, offering investors exposure to a unique and diversified portfolio. The business model spans the entire project lifecycle, focusing on “develop, build, own, operate,” and is designed to adapt to evolving customer requirements, technologies, markets, and policies.
The portfolio includes the construction of the Boulder Creek Wind Farm near Rockhampton, Queensland, set to commence in 2024. Additionally, large-scale onshore wind farms in Western Australia, totaling up to 2.4 GW*, are in the early stages of development in partnership with Green Wind Renewables.
Aula Energy’s proactive approach to expanding its onshore portfolio aligns with the growing demand for investment opportunities in renewable portfolios. The company’s long-term partnership approach and access to capital position it as a key player in the acceleration of Australia’s energy transition.
Aula Energy’s Portfolio Highlights:
Expected capacity of 4 GW* from planned projects.
Diverse projects covering every state in Australia.
Boulder Creek Wind Farm construction in 2024.
Large-scale onshore wind farms in Western Australia in partnership with Green Wind Renewables.
Aula Energy joins Macquarie Asset Management’s suite of specialist businesses, including Blue Leaf Energy, Cero Generation, Corio Generation, and Eku Energy, reinforcing the commitment to decarbonization solutions and the expansion of investment opportunities in diversified renewable portfolios.
About Aula Energy: Aula Energy is a specialist renewable energy business focused on developing and operating utility-scale wind, solar, and integrated batteries across the Australian and New Zealand markets. As part of Macquarie Asset Management’s suite of specialist businesses in the renewable energy sector, Aula Energy’s initial portfolio comprises 4 GW* of projects across every state of Australia.