Key facts
- Neoen SA will invest A$10 billion ($7 billion) in Australia.
- The investment aims to more than double its Australian portfolio.
- The company targets a total capacity of 10 gigawatts by 2030.
Neoen SA, a French renewable energy developer owned by Brookfield, has announced plans to invest approximately A$10 billion (US$7 billion) to more than double its Australian renewable energy portfolio. The company aims to reach a total capacity of 10 gigawatts by the year 2030. This significant investment underscores a commitment to expanding renewable energy infrastructure in Australia.