Yindjibarndi Energy Corporation

What Yindjibarndi Energy Corporation does

Yindjibarndi Energy Corporation (YEC) is an Indigenous-led renewable energy developer and independent power producer headquartered in Perth, Western Australia, formed in June 2023 as a joint venture between the Yindjibarndi Aboriginal Corporation (representing the Traditional Owners of Yindjibarndi Country) and ACEN Corporation, the listed energy platform of the Ayala Group with approximately 5.3GW of attributable global renewables capacity. The company is developing up to 3GW of large-scale wind, solar photovoltaic, and battery energy storage projects across approximately 13,000 km² within the Yindjibarndi Native Title Determination Areas in the Pilbara region of Western Australia. YEC's core portfolio comprises four projects: the Jinbi Solar Project (75 MWac, expandable to 150 MWac with optional BESS), Project Baru Marnda (up to ~1GW wind, ~500MW solar, optional BESS), the Eastern Development Zone (up to ~1GW wind, 500MW solar, optional BESS), and the Chichester Range Transmission Corridor (a ~70km common-user high-voltage line connecting to the Maitland Strategic Industrial Area).

YEC operates a project development and long-term power purchase agreement (PPA) revenue model, targeting enterprise industrial customers in the Pilbara with multi-decade, fixed-volume electricity supply contracts. Its anchor offtake is a 30-year PPA with Rio Tinto for the Jinbi Solar Project, which reached Financial Close in May 2026 at a disclosed ~$300M deal size, with construction commencing immediately and commercial operations expected mid-2028; a May 2026 MOU with BHP adds a second major mining counterparty in exploratory mode. Go-to-market is enterprise field sales targeting mining and heavy industry, supplemented by an Expression of Interest (EOI) process launched in February 2026 to broaden offtake across the portfolio. The business model is structurally differentiated by YEC's Indigenous equity partnership framework, under which the Yindjibarndi people hold primary land tenure and 25-50% equity in every project, with preferred contracting for Yindjibarndi-owned enterprises and dedicated training and employment pathways. Pricing is commercially confidential under each PPA.

Name

Yindjibarndi Energy Corporation

Legal name

Yindjibarndi Energy Corporation

Website

https://yindjibarndienergy.com.au

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

Yindjibarndi Energy Corporation is an Indigenous-led renewable energy developer and independent power producer, jointly owned by the Yindjibarndi Aboriginal Corporation and ACEN Corporation. It is developing up to 3GW of wind, solar, and battery storage projects on 13,000 km² in Western Australia's Pilbara to supply long-term renewable power to mining customers via 30-year PPAs.

Ownership category

akta.pro rank

Product category

Utility-Scale Renewable Energy Generation

NAICS

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

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Onshore Wind Power Generation (Utility-Scale) (EUACAFAA)

akta.pro secondary industries

Wind Farm Ownership & Operations (IPP/Utility-Owned Asset Operations) (EUACAFAF), Development Management & Owner’s Engineering (Design Basis, Yield, Technical Due Diligence) (EUAMAAAG), Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence) (EUAMAGAJ), Hybrid Renewable Systems & Co-Optimization R&D (Solar+Wind+Storage, Multi-Resource Plants, Controls) (EUAMAOAI)

Keywords

• Utility-scale renewable energy
• Solar power generation
• Wind energy projects
• Power purchase agreements
• Battery energy storage

Headquarters

HQ city

Perth

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Power Purchase Agreements (PPAs): Long-term power purchase agreements (typically 30 years) with mining and industrial companies for supply of renewable electricity. Revenue is generated from electricity sales under fixed-volume contracts with offtake customers like Rio Tinto.
2. Renewable energy supply contracts: Direct electricity supply to heavy industry operations in the Pilbara region, supporting decarbonisation efforts of mining companies

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Yindjibarndi Energy Corporation develops, owns, and operates large-scale renewable energy generation projects — including solar farms, wind farms, battery energy storage systems, and high-voltage transmission infrastructure — on Yindjibarndi Country in Western Australia's Pilbara region. The company sells electricity to industrial and mining offtakers through long-term Power Purchase Agreements, with an initial 3GW development pipeline including the 75 MWac Jinbi Solar Project under a 30-year PPA with Rio Tinto.

Product overview

Yindjibarndi Energy Corporation (YEC) is a partnership between Yindjibarndi Aboriginal Corporation and ACEN Corporation pursuing up to 3GW of renewable energy capacity across approximately 13,000 km² in the Pilbara region of Western Australia. The company operates four key projects: (1) Jinbi Solar Project - a 75 MWac solar facility with PPA with Rio Tinto, (2) Baru Marnda Project - up to 1,050 MW wind with solar option, (3) Eastern Development Zone - up to 1 GW wind plus 500 MW solar with BESS, and (4) Chichester Range Transmission Corridor - a ~70 km transmission line. YEC functions as an Indigenous-led energy developer and independent power producer, not a software/technology product company.

Differentiator

Problem solved

Functional benefit

Products and services

• Jinbi Solar Project A 75 MWac solar photovoltaic facility located within Exclusive Native Title land in the Yindjibarndi Native Title Determination Area in Western Australia's Pilbara region, with potential expansion to 150 MWac and optional Battery Energy Storage System integration. The project operates under a 30-year Power Purchase Agreement with Rio Tinto for supply to Pilbara iron ore operations.
• Baru Marnda Project A large-scale renewable energy development featuring approximately 1 GW of wind generation, supported by approximately 500 MW of solar array and optional Battery Energy Storage System, located within the Yindjibarndi Native Title Determination Area in the Pilbara region. Expected operation year 2031.
• Eastern Development Zone A large-scale renewable energy project comprising up to 1 GW of wind generation, 500 MW of solar photovoltaic capacity, and optional Battery Energy Storage System infrastructure, located within a designated Renewable Energy Zone under the Western Australian Government's Pilbara Transmission and Energy Plan. Expected operation year 2032.
• Chichester Range Transmission Corridor A proposed high-voltage, common-user transmission infrastructure project extending approximately 70 km from the Baru Marnda project area to the Maitland Strategic Industrial Area, connecting renewable energy developments to the North West Interconnected System. Expected to unlock an initial pipeline of approximately 1 GW of renewable energy development. Expected operation year 2031.

Quantifiable outcome

• 75 MWac initial solar capacity, expandable to 150 MWac with BESS
• +2 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered secondary, core and minor.

• BHPsecondaryStrategic or Co-development Partner · 26 May 2026MOU signed May 2026 to explore potential large-scale power solutions for BHP's Western Australia Iron Ore operations, rail and Port Hedland facilities. Collaboration on power generation, transmission and infrastructure solutions for decarbonisation.
• Rio TintocoreStrategic or Co-development Partner · 11 May 202630-year Power Purchase Agreement signed May 2026 for Jinbi Solar Project supplying 75 MWac solar power to Rio Tinto's Pilbara iron ore operations. First project to reach Financial Close. Rio Tinto takes 100% of electricity output with expansion option to 150 MWac.
• DT InfrastructureminorImplementation/ SI/ Consulting Partner · 11 May 2026Engineering, Procurement and Construction (EPC) contractor issued Notice to Proceed following Financial Close on Jinbi Solar Project in May 2026.
• YurraminorImplementation/ SI/ Consulting Partner · 11 May 2026Yindjibarndi Nation enterprise engaged as preferred civil works partner carrying out site preparation and mobilisation activities for Jinbi Solar Project.
• Rapid CampsminorImplementation/ SI/ Consulting Partner · 11 May 2026Construction accommodation provider issued Notice to Proceed for Jinbi Solar Project following Financial Close.
• ACEN CorporationcoreStrategic or Co-development Partner · 1 June 2023Joint venture partnership between Yindjibarndi Aboriginal Corporation and ACEN Corporation formed in June 2023. ACEN is the listed energy platform of the Ayala Group with ~5.3GW of attributable renewables capacity globally. YEC pursues up to 3GW of wind, solar and storage projects on Yindjibarndi Country with 25-50% Indigenous equity in all projects.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Alinta Energy: Alinta Energy is a major Australian energy generator and retailer with significant gas-fired and growing renewable generation assets, including a strong Pilbara presence serving mining and industrial customers. Comparable in serving Pilbara mining customers with large-scale power solutions, though historically gas-heavy.
• Origin Energy: Origin Energy is one of Australia's largest energy retailers and generators with a growing renewables portfolio (wind, solar, battery storage) and large-scale generation assets. Broader incumbent in the same industry, with renewable energy as part of a wider portfolio of generation and retail assets.
• Engie Australia & New Zealand: Engie Australia operates a diversified portfolio of renewable energy and energy storage assets across Australia as part of global utility Engie. Broader incumbent with renewables as part of a larger portfolio, including coal-to-renewables transition assets. Comparable in wind, solar and battery storage development.
• APA Group: APA Group is Australia's largest natural gas infrastructure business and is expanding into renewable energy and transmission infrastructure. Comparable via its Pilbara energy transmission interests and growing renewable generation portfolio.

Direct peers

• Neoen Australia: Neoen Australia is the Australian subsidiary of French-listed Neoen, an independent renewable energy IPP developing, owning and operating utility-scale wind, solar and battery storage assets in Australia under long-term PPAs with corporate and utility customers. Directly comparable as a utility-scale renewable IPP business model.
• Iberdrola Australia: Iberdrola Australia operates utility-scale wind, solar and battery storage projects across Australia and is part of global Iberdrola, one of the world's largest renewable energy developers. Comparable as a utility-scale renewable IPP with similar technology portfolio (wind, solar, storage).
• Squadron Energy: Squadron Energy is one of Australia's largest renewable energy developers and operators, building utility-scale wind, solar and battery storage projects with long-term PPAs to industrial customers including mining and resources companies. Highly comparable business model to YEC as an Australian utility-scale renewable IPP targeting mining offtakers.
• BP (formerly CWP Renewables): BP's Australian renewables business, anchored by its acquisition of CWP Renewables, operates utility-scale wind and solar assets in Australia under long-term PPAs. Comparable as a developer/operator of large-scale wind and solar IPP assets targeting Australian corporate and utility offtakers.

Emerging players

• Fortescue Future Industries: Fortescue Future Industries is Andrew Forrest's green energy company developing large-scale renewable energy, green hydrogen and ammonia projects globally, with significant Pilbara footprint tied to Fortescue's mining operations. Comparable in pairing renewable energy development with mining decarbonisation in the Pilbara.
• ACEN Australia: ACEN Australia is the Australian arm of YEC's joint venture partner ACEN Corporation, building utility-scale wind, solar and battery storage projects across Australia with ~5.3GW of global attributable renewables capacity via the Ayala Group. Sister entity with overlapping geography, technology stack, and corporate backing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php?id=61550129554655
• LinkedInlinkedin.com/company/yindjibarndi-energy-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

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