News

Impala and Exor will partner through a new joint holding company, TagHolding, which will become TagEnergy’s largest single shareholder   Impala, the investment firm controlled by Jacques Veyrat and his family, and Exor N.V. (“Exor”), the diversified holding company controlled by the Agnelli family, announced today that they have joined forces to further develop TagEnergy, a fast-growing company operating in…

TagEnergy secures majority stake in Rectory Farm battery storage project to build, own and operate with developer Balance Power.   Global renewable energy enterprise TagEnergy and leading independent energy developer Balance Power will now progress to build, own and operate the 30MW battery storage project Rectory Farm in Worcester. The deal is the first initiative in the pair’s joint venture…

Global clean energy enterprise TagEnergy, S.A. (TagEnergy) has announced the closing of a dual currency (AU$ and €) green bond totalling a maximum of €570,000,000 (equivalent) with Copenhagen Infrastructure Partners (CIP) and GIC as investors. CIP is a global leader within greenfield renewable energy investments and is investing through its Green Credit Fund I. GIC is a global institutional investor,…

Global clean energy enterprise TagEnergy’s second and current largest capacity UK battery storage facility is up and running following the completion of construction on its 49.5MW/99MWh standalone energy storage system at Chapel Farm near Luton, England. The £30m development is a joint venture between TagEnergy and Yorkshire-headquartered Harmony Energy. After TagEnergy acquired a 60% stake in the project in November…

Announces new community safety projects   Global clean energy enterprise TagEnergy has broken ground on Australia’s largest permitted wind farm site, with the first sod turned on the $2 billion, 756MW first stage of the 1,300MW Golden Plains Wind Farm near Rokewood Victoria. Major contractors Vestas (windfarm EPC contractor) and Ausnet Services (grid connection works) have mobilised to the site…

TagEnergy’s landmark $2bn Golden Plains Wind Farm mega project has been recognised as one of the most significant and innovative global transactions of 2022 after being named Asia Pacific Renewables Deal of the Year in the prestigious Project Finance International (PFI) Awards. The awards, overseen by international project finance intelligence publication PFI, honour achievement and ingenuity in the global project…

First renewable energy investment for Ingka Investments in Australia Ingka Investments, the investment arm of Ingka Group, the world's largest IKEA retailer, has made its first renewable energy investment in Australia taking a 15 per cent stake in the AUD 2bn (EUR 1.3bn) stage one of TagEnergy’s Golden Plains Wind Farm near Geelong.   The move comes as Ingka Investments…

Global clean energy enterprise TagEnergy has achieved yet another landmark in its rapid expansion in the UK market - reaching financial close on its fourth battery storage facility, the 49.9MW/100MWh Roaring Hill development in Fife, Scotland. TagEnergy attained financial close while retaining 100 per cent equity in the project after receiving funding from lender Santander UK. Construction will now commence…

Global clean energy enterprise TagEnergy has continued its UK market growth with construction commencing on a 49MW/98MWh standalone energy storage system near Abernethy, Scotland, following funding from Santander UK. The Jamesfield development is a joint venture with Harmony Energy, following TagEnergy’s acquisition of a 60% stake in the project in November 2021.Santander UK is supporting the green energy initiative with…

Next generation technology to strengthen weak link in national grid   Global clean energy enterprise TagEnergy is a step closer to delivering what will be one of the largest battery systems in Australia after gaining funding from the Australian Renewable Energy Agency (ARENA) to build a 300MW/600MWh battery in North Queensland. TagEnergy’s grid-scale battery energy storage system (BESS) with advanced…