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Tesla Megapack project in Victoria gets AU$160M investment – Teslarati

The Clean Energy Finance Corporation (CEFC) invested AU$160 million (USD127.24 million) in Neoen’s 300MW/450MWh battery project in Victoria, Australia–known as…

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The Clean Energy Finance Corporation (CEFC) invested AU$160 million (USD127.24 million) in Neoens 300MW/450MWh battery project in Victoria, Australia–known as the Victorian Big Battery (VBB). The masisve energy storage installation will be comprised of Tesla Megapacks.
We are delighted to announce that the Victorian Big Battery has reached this important financial milestone, said Neoen Australias Managing Director Louis De Sambucy.
The CEFC senior debt facilitys AU$160 million investment will finance…

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