Puneet Varma (Editor)

Infigen Energy

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Traded as
  
ASX: IFN

Area served
  
Australia

Production output
  
1,469 GWh (2016FY)

Revenue
  
173 million AUD (2016FY)

Number of locations
  
5

Key people
  
Miles George, CEO

Founded
  
2003

Infigen Energy httpspbstwimgcomprofileimages1856550807In

Products
  
Electricity and environmental services

Stock price
  
IFN (ASX) A$ 0.95 0.00 (0.00%)10 Mar, 4:10 PM GMT+11 - Disclaimer

Headquarters
  
New South Wales, Australia

Subsidiaries
  
Cherry Tree Wind Farm Pty Ltd.

Infigen Energy (Infigen), formerly Babcock & Brown Wind Partners, 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.

Contents

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 Clean Energy Council.

Infigen energy managing director miles george on the renewable energy target


History

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

In 2012, Infigen hosted its first "Run with the Wind" marathon at its Woodlawn Wind Farm. The following year, the company hosted their second marathon and were supported by the Greater Western Sydney Giants. 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.

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.

Australian wind farms

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

Source:, GreenPower accredited generators

Australian solar farms

Australian wind farms

Infigen Energy holds 100% equity interests in its Australian solar farm.

Source:

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.:

Source:

References

Infigen Energy Wikipedia