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Stanwell is undertaking an expression of interest process to identify high-quality renewable energy projects that could be incorporated into its portfolio and help in transitioning Queensland to a lower carbon future.

Stanwell CEO, Richard Van Breda, said, “The energy market is changing rapidly, and we are evolving our business in line with our customers’ changing needs and community sentiment for greener energy and lower emissions.

“Through our expression of interest process, we will build a portfolio of renewable projects that meet our retail customer requirements, support the development of Queensland’s large-scale renewable industry, and enable us to diversify our portfolio and reduce our carbon intensity.”

Mr Van Breda said the expression of interest process would also play an important role in Queensland’s post-COVID economic recovery, particularly in terms of economic investment and supporting employment and job creation.

“We are excited about our future and the important role we will play in ensuring Queenslanders have access to secure and reliable energy as the energy sector transitions to lower carbon generation alternatives,” Mr Van Breda said.

The expression of interest process is now open. Interested projects should register their interest before 3pm AEDT on 24 March 2021.

For more information visit www.stanwell.com/renewable-energy.

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