Australian developer Edify Energy has reached financial close on the Ganymirra and Majors Creek solar-plus-storage projects near Townsville in North Queensland, featuring 360MWp of solar generation and 300MW/1,200MWh of battery storage.
The projects are located in Woodstock, in Thul Garrie Waja Country, the traditional lands of the Bindal People. They will be delivered as integrated hybrid assets using reverse DC-coupled technology and a single set of grid-forming inverters, a configuration Edify said would enhance network stability while increasing the value and availability of the renewable energy generated.
Engineering and construction company DT Infrastructure has been awarded the engineering, procurement and construction contract for the projects, with Chinese manufacturer CATL supplying the battery system and Powerlink acting as head contractor for network and connection works.
CATL previously agreed to supply 2,400MWh of battery storage for Edify’s Queensland hybrid portfolio.
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DT Infrastructure said the projects are built on its existing relationship with Edify, following the early execution of the Smoky Creek and Guthrie’s Gap projects, with major construction expected to begin in the third quarter of 2026 and around 400 jobs to be supported at peak construction.
The financial close was supported by Edify’s shareholder, La Caisse, and a syndicate of 14 domestic and international lenders, with approximately AU$3.2 billion (US$2.26 billion) committed across Ganymirra and Majors Creek, and the earlier Smoky Creek and Guthrie’s Gap projects combined.
Edify said the financing draws on a market-first greenfield renewable energy portfolio financing package, alongside a separate corporate-level financing facility.
Part of a wider pattern of CIS-backed hybrid development in Queensland
Ganymirra and Majors Creek are Edify’s third and fourth projects to reach financial close under the Australian government’s Capacity Investment Scheme (CIS), which underwrites long-term revenue to reduce financial risk for investors in renewable energy generation and dispatchable capacity.
The projects follow Edify’s Smoky Creek and Guthrie’s Gap solar power stations, which reached financial close in May 2026 with 720MWp of solar and 600MW/2,400MWh of battery storage, also in Queensland’s Banana Shire.
That project is backed by a 20-year hybrid services agreement under which mining company Rio Tinto will purchase 90% of the power and storage capacity to supply its Gladstone aluminium operations with lower-carbon energy, and also use a syndicate of 14 lenders under the same greenfield financing platform.
The wider CIS programme has driven a substantial share of Australia’s solar-plus-storage pipeline.
Under Tender 4 of the scheme, 20 projects were awarded long-term contracts covering 6.6GW of renewable energy generation and 11.4GWh of energy storage, with Smoky Creek and Guthrie’s Gap among the successful bids.
As part of its CIS agreements, Edify has committed to local content requirements alongside community and First Nations engagement, with more than AU$450 million expected to flow into regional Queensland through local supply chains, employment and associated economic activity from the Ganymirra and Majors Creek projects.
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