Gamuda has entered Australia’s renewables market with a 600 MW wind and solar portfolio in Central Tasmania, backed by battery storage and landowner equity.
Gamuda Holdings Pty Ltd, the Australian subsidiary of Gamuda, has signed a landmark agreement with the Downie Family and development partner Alternate Path to co-develop two major renewable energy projects: the 250 MW Weasel Solar Farm and the 350 MW Cellars Hill Wind Farm.
Each project includes battery energy storage systems (BESS), adding up to 600 MW of additional storage capacity.
The agreement marks Gamuda’s first equity investment in Australia’s energy transition and secures development rights for current and future projects through to 2029.
Gamuda will deliver both projects under sole-source EPC contracts and has committed to maintain the landowner-led structure underpinning the portfolio.
Weasel Solar Farm will connect to an on-site 220 kV transmission line. The site will continue to support agricultural use, specifically sheep grazing. Cellars Hill Wind Farm, also located in Central Tasmania, will share the same connection point.
“We have been highly selective in finding the right partner to work with us to develop this portfolio that brings both a financial and technical contribution and is wholly committed to the strong social licence and landowner-led principles of these projects,” said Peter Downie, who leads the landowner consortium.
“We have been in discussion with Gamuda for many months and have seen their genuine partnership approach and commitment to our community values. We’re excited to move forward together to deliver these projects for the benefit of Tasmanians.”
The planning process has involved close collaboration with the local community and government. A key benefit includes energy rebates for households within a 12 km radius of the projects.
“This deal represents our first Australian investment and aligns with our goal to invest and construct high-quality energy projects to diversify and grow our Australian business,” said Jarred Hardman, Gamuda’s Chief Strategy and Growth Officer.
“This builds upon our ongoing success in the Australian infrastructure market where we are delivering a $4.5 billion pipeline and is supported by our energy experience across a range of projects internationally.”
The agreement is pending approval from the Foreign Investment Review Board. Subject to final approvals, construction of Weasel Solar Farm is expected to begin in FY 2027, with Cellars Hill Wind Farm following in FY 2028.
Gamuda has expanded its energy sector presence over the past 18 months, targeting shovel-ready renewable projects and securing roles in pumped hydro and transmission initiatives including Alinta Energy’s Oven Mountain and CIP’s Capricornia Energy Hub.