Pacific Green Signs a Landmark Offtake Framework Agreement with Re2 Capital to Support 2GWh of BESS Projects in Australia

Sydney, Aug. 07, 2025 (GLOBE NEWSWIRE) — Pacific Green Technologies, Inc., a global leader in battery energy storage solutions, is pleased to announce that its Australian battery storage business has signed a landmark framework agreement with Re2 Capital Ltd. (“Re2”). The agreement covers seven to 10-year capacity revenue swap arrangements across four Battery Energy Storage System (BESS) projects located in South Australia, Victoria, New South Wales, and Queensland, in support of 2GWh of new storage capacity.

Source: https://www.globenewswire.com/news-release/2025/08/06/3128812/0/en/Pacific-Green-Signs-a-Landmark-Offtake-Framework-Agreement-with-Re2-Capital-to-Support-2GWh-of-BESS-Projects-in-Australia.html