Monash University - Renewable PPA transaction advisor (commercial and technical)

On 6 July 2018, Monash University announced that it had concluded a corporate renewable power purchase agreement (PPA) for both electricity and large-scale generation certificates (LGCs) with Victoria’s Murra Warra Stage 1 wind farm. With this deal, Monash joins the Telstra-led consortium which includes ANZ, Coca-Cola Amatil and the University of Melbourne.

The announcement by Monash is the latest step towards the University’s goals of achieving net zero emissions by 2030 and being powered by 100% renewable energy. This is one of four pillars within Monash University’s sustainability plan. The other pillars being energy efficiency, electrification and addressing residual emissions through offsets. The strategy that directs initiatives to achieve this goal is arguably a model for any tertiary institution and, more broadly, large energy users which also seek to manage carbon risks.

Energetics provided technical and commercial advice during the development of the corporate PPA’s business case, as well as during the due diligence stage of the Murra Warra Stage 1 transaction.