Thailand’s Banpu Public Company Limited has acquired two operating solar farms in New South Wales, Australia including Beryl Solar Farm (BSF) with a capacity of 110.9 MW and Manildra Solar Farm (MSF) with a capacity of 55.9 MW for A$97.5m ($75.10m). The BSF solar farm achieved its Commercial Operation Date (COD) in June 2019, and the MSF, achieving its COD in December 2018.
Both solar farms use technology from Tier-1 solar panel manufacturers, as well as having a single axis tracking system, resulting in a strong annual capacity factor. The solar farms were acquired through Banpu’s wholly-owned subsidiary Banpu Energy Hold Trust. The solar farms are Banpu’s first two utility-scale renewable generation assets in Australia.