Edify Energy has achieved financial close for the Smoky Creek and Guthrie’s Gap Solar Power Stations located in Central Queensland, Australia. The projects will deliver 720 MWp of combined solar generation capacity along with 600 MW/2,400 MWh of battery energy storage system (BESS). Both projects have also secured long-term support under the Australian Government’s capacity investment scheme (CIS).
Furthermore, the projects are backed by two long-term solar and battery hybrid services agreements with Rio Tinto. Under these agreements, Rio Tinto will purchase 90 per cent of the electricity and battery storage capacity generated over a 20-year period. This renewable energy supply will help power Rio Tinto’s Gladstone aluminium operations with more affordable, reliable, and lower-carbon electricity.
In September 2025, Edify Energy and La Caisse signed binding agreements under which La Caisse will acquire Edify to support its growth process. The transaction and additional equity funding represent a total investment of approximately AUD 1.1 billion. The investment will support the acquisition of Edify and finance two integrated solar and battery hybrid projects with a combined capacity of 900 MW/3,600 MWh for offtake partners Rio Tinto and the Commonwealth of Australia.
