{"id":17110,"date":"2022-11-15T08:48:54","date_gmt":"2022-11-15T07:48:54","guid":{"rendered":"https:\/\/frv.com\/?p=17110"},"modified":"2022-11-15T10:58:43","modified_gmt":"2022-11-15T09:58:43","slug":"frv-australia-completes-the-refinancing-of-moree-solar-farm","status":"publish","type":"post","link":"https:\/\/frv.com\/en\/frv-australia-completes-the-refinancing-of-moree-solar-farm\/","title":{"rendered":"FRV Australia completes the refinancing of Moree Solar Farm"},"content":{"rendered":"<p><\/p>\n<ul>\n<li>FRV Australia\u00b4s Moree Solar Farm has been operating at full capacity since 2016.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>The PV Plant has a capacity of 70 MWdc, capable of meeting the energy demand of up to 26,000 households.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>The refinancing package was provided by Societe Generale as sole MLA and Hedging Provider<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Sydney, November 15th 2022<\/p>\n<p>&nbsp;<\/p>\n<p>Leading developer of sustainable energy solutions, <a href=\"https:\/\/frv.com\/en\/tag\/australia\/\" target=\"_blank\" rel=\"noopener\">Fotowatio Renewable Ventures Australia<\/a>, as part of <a href=\"https:\/\/www.alj.com\/en\/energy-and-environmental-services\/energy-overview\/\" target=\"_blank\" rel=\"noopener\">Abdul Latif Jameel Energy<\/a> and Canadian infrastructure fund <a href=\"http:\/\/www.omersinfrastructure.com\/\">OMERS<\/a>, has completed the refinancing of Moree solar farm (New South Wales) with Societe Generale as sole MLA and Hedging Provider. The plant has been generating clean energy since 2016, contributing towards the energy demand and economic development of the local area, while helping to drive Australia\u2019s transition to green energy.<\/p>\n<p>Located in 10 km South of Moree and spanning over 300-hectare land with net annual energy production capacity of approximately 149,000 MWh, with an output of 70 MWdc, capable of meeting the energy demand of up to 26,000 households while also avoiding emissions of 102,326 tons of CO2 annually.<\/p>\n<p>Forming an important part of FRV Australia\u2019s clean energy portfolio, the plant will further drive FRV Australia\u2019s mission to support Australia\u2019s clean energy mandate. The company has developed and built almost 800 MWdc of Australian PV assets built or under construction across 9 projects for a total project investment value of over 1 billion dollars.<\/p>\n                <div class=\"sh-quote\">\n                    <div class=\"sh-quote-content\">\n                        For FRV Australia it\u00b4s a great milestone to achieve Moree\u00b4s Solar Farm refinance and watch how one of our first projects in this country continues to grow and supply green, sustainable and renewable energy in order to reach the Australian net zero emission transition. Special thanks to our lenders and partners in FRV Australia.                    <\/div>\n                                            <div class=\"sh-quote-name\">\n                            Carlo Frigerio                        <\/div>\n                                                                <div class=\"sh-quote-position\">\n                            FRV Australia Managing Director                        <\/div>\n                                    <\/div>\n            \n<p>&nbsp;<\/p>\n<p>Moree Solar Farm was the second project completed by FRV Australia and the first one in New South Wales. In 2022 FRV Australia has inaugurated 2 PV Plants in New South Wales, Sebastopol with an output of 90 MWac and Metz with 115 MWac.<\/p>\n                <div class=\"sh-quote\">\n                    <div class=\"sh-quote-content\">\n                        Solar continues to be a key driver in Australia\u2019s green transition and its future potential to dominate the energy mix is huge.&nbsp; This package will ensure that the farm continues to provide clean energy to tens of thousands of citizens for many years to come. Projects such as this serve as a powerful reminder of how we can support local communities towards a cleaner future for all.                    <\/div>\n                                            <div class=\"sh-quote-name\">\n                            Fady Jameel                        <\/div>\n                                                                <div class=\"sh-quote-position\">\n                            Deputy President and Vice Chairman of Abdul Latif Jameel                         <\/div>\n                                    <\/div>\n            \n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"sh-imagefull aligncenter wp-image-17111 size-full\" src=\"https:\/\/frv.com\/wp-content\/uploads\/2022\/11\/australia-moree-solar-farm-.jpg\" alt=\"Moree Solar Farm\" width=\"754\" height=\"404\" srcset=\"https:\/\/frv.com\/wp-content\/uploads\/2022\/11\/australia-moree-solar-farm-.jpg 754w, https:\/\/frv.com\/wp-content\/uploads\/2022\/11\/australia-moree-solar-farm--300x161.jpg 300w\" sizes=\"(max-width: 754px) 100vw, 754px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FRV Australia\u00b4s Moree Solar Farm has been operating at full capacity since 2016. &nbsp; The PV Plant has a capacity of 70 MWdc, capable of meeting the energy demand of up to 26,000 households. &nbsp; The refinancing package was provided by Societe Generale as sole MLA and Hedging Provider &nbsp; Sydney, November 15th 2022 &nbsp;\u2026<\/p>\n","protected":false},"author":9,"featured_media":17111,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8,4,6],"tags":[79],"class_list":["post-17110","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-press-releases","category-projects","tag-moree-solar-farm"],"acf":[],"yoast_head":"<!-- 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content=\"https:\/\/frv.com\/en\/?p=17110en\/\" \/>\n<meta property=\"og:site_name\" content=\"FRV\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FRV.Official\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-15T07:48:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-15T09:58:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/frv.com\/wp-content\/uploads\/2022\/11\/australia-moree-solar-farm-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"754\" \/>\n\t<meta property=\"og:image:height\" content=\"404\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Guillermo Agull\u00f3 Beltr\u00e1n\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"FRV Australia completes the refinancing of Moree Solar Farm\" \/>\n<meta name=\"twitter:image\" 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Beltr\u00e1n","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/frv.com\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd4438e09f373ea26a3252ed6d25b05f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd4438e09f373ea26a3252ed6d25b05f?s=96&d=mm&r=g","caption":"Guillermo Agull\u00f3 Beltr\u00e1n"},"url":"https:\/\/frv.com\/en\/author\/guillermo-agullofrv-com\/"}]}},"search_content":"<p><\/p>\n<ul>\n<li>FRV Australia\u00b4s Moree Solar Farm has been operating at full capacity since 2016.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>The PV Plant has a capacity of 70 MWdc, capable of meeting the energy demand of up to 26,000 households.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>The refinancing package was provided by Societe Generale as sole MLA and Hedging Provider<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Sydney, November 15th 2022<\/p>\n<p>&nbsp;<\/p>\n<p>Leading developer of sustainable energy solutions, <a href=\"https:\/\/frv.com\/en\/tag\/australia\/\" target=\"_blank\" rel=\"noopener\">Fotowatio Renewable Ventures Australia<\/a>, as part of <a href=\"https:\/\/www.alj.com\/en\/energy-and-environmental-services\/energy-overview\/\" target=\"_blank\" rel=\"noopener\">Abdul Latif Jameel Energy<\/a> and Canadian infrastructure fund <a href=\"http:\/\/www.omersinfrastructure.com\/\">OMERS<\/a>, has completed the refinancing of Moree solar farm (New South Wales) with Societe Generale as sole MLA and Hedging Provider. The plant has been generating clean energy since 2016, contributing towards the energy demand and economic development of the local area, while helping to drive Australia\u2019s transition to green energy.<\/p>\n<p>Located in 10 km South of Moree and spanning over 300-hectare land with net annual energy production capacity of approximately 149,000 MWh, with an output of 70 MWdc, capable of meeting the energy demand of up to 26,000 households while also avoiding emissions of 102,326 tons of CO2 annually.<\/p>\n<p>Forming an important part of FRV Australia\u2019s clean energy portfolio, the plant will further drive FRV Australia\u2019s mission to support Australia\u2019s clean energy mandate. The company has developed and built almost 800 MWdc of Australian PV assets built or under construction across 9 projects for a total project investment value of over 1 billion dollars.<\/p>\n                <div class=\"sh-quote\">\n                    <div class=\"sh-quote-content\">\n                        For FRV Australia it\u00b4s a great milestone to achieve Moree\u00b4s Solar Farm refinance and watch how one of our first projects in this country continues to grow and supply green, sustainable and renewable energy in order to reach the Australian net zero emission transition. Special thanks to our lenders and partners in FRV Australia.                    <\/div>\n                                            <div class=\"sh-quote-name\">\n                            Carlo Frigerio                        <\/div>\n                                                                <div class=\"sh-quote-position\">\n                            FRV Australia Managing Director                        <\/div>\n                                    <\/div>\n            \n<p>&nbsp;<\/p>\n<p>Moree Solar Farm was the second project completed by FRV Australia and the first one in New South Wales. In 2022 FRV Australia has inaugurated 2 PV Plants in New South Wales, Sebastopol with an output of 90 MWac and Metz with 115 MWac.<\/p>\n                <div class=\"sh-quote\">\n                    <div class=\"sh-quote-content\">\n                        Solar continues to be a key driver in Australia\u2019s green transition and its future potential to dominate the energy mix is huge.&nbsp; This package will ensure that the farm continues to provide clean energy to tens of thousands of citizens for many years to come. Projects such as this serve as a powerful reminder of how we can support local communities towards a cleaner future for all.                    <\/div>\n                                            <div class=\"sh-quote-name\">\n                            Fady Jameel                        <\/div>\n                                                                <div class=\"sh-quote-position\">\n                            Deputy President and Vice Chairman of Abdul Latif Jameel                         <\/div>\n                                    <\/div>\n            \n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"sh-imagefull aligncenter wp-image-17111 size-full\" src=\"https:\/\/frv.com\/wp-content\/uploads\/2022\/11\/australia-moree-solar-farm-.jpg\" alt=\"Moree Solar Farm\" width=\"754\" height=\"404\" srcset=\"https:\/\/frv.com\/wp-content\/uploads\/2022\/11\/australia-moree-solar-farm-.jpg 754w, https:\/\/frv.com\/wp-content\/uploads\/2022\/11\/australia-moree-solar-farm--300x161.jpg 300w\" sizes=\"(max-width: 754px) 100vw, 754px\" \/><\/p>\n","search_term":"Moree Solar Farm","_links":{"self":[{"href":"https:\/\/frv.com\/en\/wp-json\/wp\/v2\/posts\/17110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/frv.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/frv.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/frv.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/frv.com\/en\/wp-json\/wp\/v2\/comments?post=17110"}],"version-history":[{"count":3,"href":"https:\/\/frv.com\/en\/wp-json\/wp\/v2\/posts\/17110\/revisions"}],"predecessor-version":[{"id":17120,"href":"https:\/\/frv.com\/en\/wp-json\/wp\/v2\/posts\/17110\/revisions\/17120"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/frv.com\/en\/wp-json\/wp\/v2\/media\/17111"}],"wp:attachment":[{"href":"https:\/\/frv.com\/en\/wp-json\/wp\/v2\/media?parent=17110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/frv.com\/en\/wp-json\/wp\/v2\/categories?post=17110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/frv.com\/en\/wp-json\/wp\/v2\/tags?post=17110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}