Many would have noticed that CleanCo received their electricity retailer authorisation from the AER recently. Therefore, signifying a key step to providing retail electricity services to customers. In order to sell energy, a retailer needs to obtain a retailer authorisation, under the National Electricity Retail Law. Now, Cleanco can sell electricity directly to customers through its portfolio of renewable energy assets. Its portfolio includes Wivenhoe Power Station, Swanbank E, Barron Gorge and Kareeya; ~1GW of dispatchable (mostly renewable) energy.
It has been about five months since CleanCo’s first day of trading. In this week’s Chart of the week, we look back at their portfolio. We assess how the change of ownership has impacted the way the assets within their portfolio have operated.