SEC, Aware Super and Birdwood to build 1.86GWh battery in Victoria

Corporate ActionIndustry
โดย Power Technology·AU·Read original
Summary · why it matters

The State Electricity Commission of Victoria has partnered with Aware Super and Birdwood to deliver a 1.86GWh battery energy storage system in Wodonga, Victoria. The Baranduda Electrical Energy Reserve will have 400MW of capacity and provide electricity for up to 4.65 hours, with four independent units each rated at 100MW/465MWh and separate grid connections, located next to the Wodonga Terminal Station on the Victoria–New South Wales 300kV high-voltage interconnector. The state-owned SEC will invest up to $30.6m, or A$43m, for a minority stake in the development and has agreed to a 15-year offtake arrangement to purchase 50% of the battery's output, with the remaining 50% sold on the merchant market. Construction is expected to begin in November 2026 and create approximately 150 jobs, with the battery scheduled to become operational in late 2028 and the potential to supply more than 200,000 Victorian homes during peak evening hours. Baranduda forms part of the Birdwood Energy Storage and Transition platform, a joint initiative between Aware Super and Birdwood.

Impact on stocks 3

Electrification & Mobility · 1 stocks
SEC
081180
▲ PositiveCapitalrelevance

State-owned SEC invests up to A$43m for a minority stake in the 1.86GWh Baranduda battery and signs a 15-year offtake for 50% of output.

Robotics & Physical AI · 1 stocks
Others · 1 stocks

Theme Impact 1

Off-coverage companies 3

Aware SuperPrivate▲ Positive
Capitalrelevance

Aware Super is a partner in the Birdwood Energy Storage and Transition platform delivering the Baranduda battery project.

Birdwood EnergyPrivate▲ Positive
Capitalrelevance

Birdwood is a partner in the platform developing the 400MW/1.86GWh Baranduda battery with SEC and Aware Super.

State Electricity Commission of VictoriaPrivate▲ Positive
Capitalrelevance

The State Electricity Commission of Victoria partners on and invests in the Baranduda battery, securing a 15-year offtake for half its output.

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