Infigen Energy
| Traded as | ASX: IFN |
|---|---|
| Founded | 2003 |
| Headquarters | Sydney, Australia |
|
Number of locations
|
5 |
|
Area served
|
Australia |
|
Key people
|
Miles George, CEO |
| Products | Electricity and environmental services |
|
Production output
|
1,469 GWh (2016FY) |
| Services | Renewable energy asset management |
| Revenue | AU$173 million (2016FY) |
| AU$120 million (2016FY) | |
| Total assets | AU$1,152.5 million (2016FY) |
| Total equity | AU$281million (2016FY) |
|
Number of employees
|
50-100 |
| Website | www.infigenenergy.com |
Infigen Energy (Infigen), formerly Babcock & Brown Wind Partners, is a developer, owner and operator of renewable energy generation assets in Australia. Infigen's wind farm portfolio has an installed capacity of 557 MW. All of Infigen's assets generate electricity from renewable sources and are eligible to sell Large-scale Generation Certificates (LGCs) under the mandatory Renewable Energy Target scheme, which operates in Australia under the Renewable Energy (Electricity) Act 2000.
Infigen previously owned a wind farm portfolio in the US. In October 2015 Infigen sold its US wind business to an Arclight Capital partners, LLC for US$274.4 million. The US wind farms are subsequently operated by Leeward Renewable Energy, LLC.
Infigen reports under the Carbon Disclosure Project.
Infigen is a member of the Clean Energy Council.
The name Infigen is derived from the words infinite and generation. Infigen Energy listed on the Australian Securities Exchange (ASX) in October 2005 under the code IFN. When they joined the ASX, they had three wind farms with an installed capacity of nearly 150 megawatts. According to a 2007 article, they had 33 wind farms with an installed capacity of 1,200 megawatts. As of 2007, they were the world's fourth largest owner of wind farms and are Australia's biggest wind power supplier.
In 2009, Infigen changed its name from Babcock & Brown Wind Partners after branching out from troubled parent company Babcock & Brown.
In 2012, Infigen hosted its first "Run with the Wind" marathon at its Woodlawn Wind Farm. The following year, the company hosted their second marathon and were supported by the Greater Western Sydney Giants. In both marathons, the race was one by an Olympian runner Martin Dent, and proceeds were donated to charity.
In 2013, the company collaborated with Danish wind turbines manufacturer Vestas on the wind energy campaign Act on Facts.
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Wikipedia