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BRIEF-Origin Energy enters into 15-year power purchase agreement

Published 31/03/2016, 08:45 am
© Reuters.  BRIEF-Origin Energy enters into 15-year power purchase agreement
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March 31 (Reuters) - Origin Energy Ltd ORG.AX :

* Org announces landmark moree solar farm ppa with frv ORG.AX

* Entered into a landmark 15-year power purchase agreement (ppa)

* Moree solar farm expected to produce approximately 145 gwh of energy annually

* Agreement (ppa) covers 100 per cent of the output from fotowatio renewable ventures' (frv) recently commissioned 56 mw moree solar farm

* The facility expected to have a minimal variation in annual output of around 5 per cent

* Moree solar farm has been funded by frv with support of an Australian renewable energy agency grant and debt on commercial terms

* Origin continues to pursue developments in utility scale solar

* Source text for Eikon

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