Australia’s Edify Secures Financing for Two Solar-Storage Plants

Bloomberg.com · last updated May 19, 2026 – 6:32 PM

Australia’s Edify Energy Pty Ltd. secured financing needed to begin construction on two massive solar-and-battery power plants.

The Smoky Creek and Guthrie’s Gap developments in central Queensland will combine 720 megawatts of solar with 600 megawatts of battery storage that can last four hours at peak discharge, the La Caisse-owned developer said in a statement. Miner Rio Tinto Plc signed a deal to buy 90% of the facility’s output for 20 years in 2025.

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