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AGL to Acquire Firm Power, Adding 5.8GW in Australia

Last Update 16 August 2024

Australia's AGL Energy has agreed to acquire Firm Power and Terrain Solar for A$250 million, enhancing its development pipeline to 8.1 GW. Firm Power contributes 5.8GW in battery storage projects, while Terrain Solar adds 1.8 GW in solar PV projects. The acquisition, expected to be completed in 2024, will boost AGL's capacity and strengthen its role in the energy transition.

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