Pacific Energy

Name

Pacific Energy

Legal name

Pacific Energy Group Holdings Pty Ltd

Website

https://pacificenergy.com.au

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Remote and Distributed Power Generation Services

NAICS

Electric Power Generation (22111), Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Electric Power Generation, Transmission and Distribution (2211), Fossil Fuel Electric Power Generation (221112)

SIC

Cogeneration Services & Small Power Producers (4991), Switchgear & Switchboard Apparatus (3613), Motors & Generators (3621)

akta.pro primary industry

Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA)

akta.pro secondary industries

PPA Origination, Structuring & Offtake Contracting (Physical/Financial, Sleeves) (EUAMAMAD), Hybrid PPAs (Renewables + Storage) & Firm Renewable Products (EUAGADAI), Utility-Scale Generator PPAs (Project Offtake) (EUAGADAB), Retail & Community PPAs (Community Solar/Shared Renewables) (EUAGADAC), Utility-Scale Power Generation Asset Management (EUAEAMAA)

Keywords

• Hybrid power systems
• Build-own-operate energy
• Battery energy storage
• Remote power generation
• Renewable energy solutions

Headquarters

HQ city

Lidsdale

HQ country

Australia

HQ region

Oceania

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Build-Own-Operate (BOO) Agreements: Pacific Energy designs, builds, owns and operates power generation facilities under long-term BOO agreements (typically 10-20 years) with mining companies and utilities. Revenue generated from supplying power under contracted capacity agreements.
2. Power Purchase Agreements (PPAs): Contractual arrangements where clients purchase power generated by Pacific Energy's assets under PPAs, typically 20-year terms for town power supplies and hybrid renewable systems
3. Design, Supply & Install: Project-based revenue for designing and constructing power systems for clients who own and operate the assets (e.g., 35MW solar farm for Gold Fields' St Ives mine)

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Pacific Energy designs, builds, owns and operates integrated hybrid power generation systems for mining operators, state-owned utilities and remote communities across Australia. Its portfolio combines solar, wind, battery energy storage (BESS), hydrogen and gas/diesel generation under build-own-operate (BOO) and power purchase agreement (PPA) contracts typically spanning 10–20 years. The company also manufactures stand-alone power systems (SPS) in-house and delivers hydrogen refuelling infrastructure through its ENGV subsidiary.

Product overview

Pacific Energy is Australia's only vertically integrated, full-service energy solutions provider offering a comprehensive portfolio of power generation products and services. The company operates through distinct product lines: (1) Build-Own-Operate power stations and Power Purchase Agreements providing long-term contracted power delivery; (2) Hybrid and renewable power systems including solar farms, wind turbines, battery energy storage (BESS), and gas generation integrated through proprietary intelligent control systems with hydrocarbons-off capability; (3) Stand-Alone Power Systems (SPS) manufactured in-house by Hybrid Systems Australia subsidiary; (4) Green hydrogen solutions through ENGV subsidiary including refuelling stations and electrolyser systems; (5) Pacific Energy Connected (PEC) east coast division for National Electricity Market and mobility sector projects. Key products include the Tropicana Hybrid Power System (115MW, Australia's largest off-grid hybrid), St Ives Solar (35MW), Exmouth Hybrid System (66.2MW with 80% renewables), multiple BESS installations (including 42MW Solomon and 33.5MW/81MWh Territory Generation systems), and hydrogen refuelling infrastructure. The company operates 48 BOO power stations with 946MW contracted capacity and 358MW renewable energy assets across 48 sites nationally.

Differentiator

Problem solved

Functional benefit

Products and services

• Build-Own-Operate Power Stations

Quantifiable outcome

• 65,000 tonnes annual carbon emissions reduction at Tropicana gold mine (50% reduction)
• +6 more outcomes

Named customers15 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered strategic, core and major.

• FEnEx CRC (Future Energy Exports Cooperative Research Centre)strategicStrategic or Co-development Partner · 23 March 2026Contracted to supply NEL Series 4 C30 electrolysers and undertake FEED for Stage 2 of Kwinana Energy Transformation Hub (KETH). AU$163M collaborative research organisation with 49 industry/government/university partners.
• Horizon PowercoreStrategic or Co-development Partner · 30 September 2024Strategic utility partner for regional WA power systems. Multiple 20-year PPAs for hybrid power systems in Exmouth (80% renewable), Leonora (60% renewable), and 10 other town systems. Horizon Power owns and Pacific Energy operates and maintains assets.
• Ampol, Hyundai Australia, Toyota Australia (Hydrogen Consortium)strategicStrategic or Co-development Partner · 31 October 2023MOU to jointly develop hydrogen refuelling infrastructure in the ACT. Combines expertise of fuel cell vehicle manufacturers (Hyundai, Toyota), fuel retailer (Ampol), and energy solutions provider (Pacific Energy) to scale Australia's hydrogen mobility ecosystem.
• Hitachi Energy and KokammajorTechnology or Integration · 15 February 2023Technology partners for Fortescue's 42MW BESS project - one of the world's largest network-connected battery systems for mining. Hitachi Energy provided grid-stabilising control systems; Kokam supplied battery technology.
• Hexagon PurusmajorTechnology or Integration · 3 August 2022Five-year distribution agreement for green hydrogen and renewable gas projects across Australia. Hexagon Purus (via Wystrach GmbH) is the world-leading supplier of Type 4 composite cylinders for hydrogen storage and transport. Partnership since 2014.
• Nel ASAcoreTechnology or Integration · 5 July 2022Exclusive electrolyser supply arrangement for Australia and New Zealand markets. Nel is the world's largest electrolyser manufacturer (established 1927) and has supplied over 75% of all electrolysers globally. Agreement follows ENGV acquisition.
• Western PowercoreStrategic or Co-development Partner · 28 June 2022Long-term SPS program partner since 2018. Awarded 196 SPS units total - largest SPS deployment in the world. Includes units for Cyclone Seroja rebuild (25 SPS) and bushfire recovery (9 SPS).
• Gumala Aboriginal Corporation (GAC)strategicStrategic or Co-development Partner · 15 March 2022Three-year MOU for Pacific Energy and Hybrid Systems Australia to convert remote Pilbara communities to hybrid power through SPS installations. GAC serves Banjima, Yinhawangka and Nyiyaparli people. Two SPS units already installed at Bidiltha and Wirrillimarra communities.

Scale indicators9 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• Aggreko: UK-listed global leader in temporary and mobile power generation, with deep exposure to mining, utilities, and remote community power contracts. Operates similar BOO/rental models to Pacific Energy and directly competes for hybrid mining power projects in Australia.
• Zenith Energy: Australian remote power and hybrid energy provider serving mining and resources customers. Operates similar multi-technology power solutions (solar, BESS, gas, diesel) under long-term contracts in the same Western Australian and Pilbara geographies.

Broad incumbents

• Origin Energy: Australian integrated energy retailer and generator with significant renewable generation portfolio. Provides comparison point for vertically integrated energy providers and competes for utility-scale renewable contracts.
• Iberdrola Australia (formerly Infigen Energy): Subsidiary of global utility Iberdrola operating wind, solar, and BESS assets across Australia. Larger balance sheet provides competitive pressure on PPA pricing and renewable IPP market share.
• APA Group: Australia's largest natural gas infrastructure business with growing renewables exposure. Relevant comparison for utility-scale energy infrastructure with long-term contracted revenue model, though focused on gas transmission rather than distributed generation.
• Alinta Energy: Australian integrated energy generator and retailer with significant gas, renewable, and remote generation assets. Comparable hybrid generation portfolio and serves similar remote/mining customer segments in WA.
• Mercury NZ: New Zealand vertically integrated renewable energy generator and retailer. Comparable vertically integrated renewable IPP model with high renewable mix, though operates in NZ rather than Australian mining market.

Emerging players

• Genex Power: Australian renewable energy developer focused on solar, wind, BESS, and pumped hydro projects. Smaller-scale emerging player building utility-scale storage and renewable IPP portfolio, comparable in technology stack but with less remote-mining focus.

Regional players

• Edify Energy: Australian renewable energy IPP developing utility-scale solar, wind, and battery storage projects under PPAs. Competes in adjacent hybrid renewable segments with similar long-term offtake contracting model.
• CWP Renewables: Australian renewable energy developer and IPP with utility-scale wind and solar assets. Comparable business model in renewable project development and PPA structuring, though primarily focused on NEM-connected grid-scale projects rather than remote mining microgrids.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/pacific-energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries6 records

Funding overview

Funding rounds3 records

Investors16 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pacific Energy