Pacific Blue (company)

Pacific Blue (formerly Pacific Hydro) is an electricity generation and retailing company headquartered in Melbourne, Australia. The company was founded in 1992 and was soon floated on the Australian Stock Exchange, it was later bought by a consortium of industry superannuation funds and delisted. It is now owned by China's State Power Investment Corporation.[2]

Pacific Blue
IndustryElectricity
Founded1992
Headquarters
Melbourne
,
Australia
Area served
Australia
Brazil
Chile
Key people
Dominic Capomolla(CEO)[1]
ProductsElectricity
ServicesElectricity retailing
ParentState Power Investment Corporation
SubsidiariesPacific Blue Australia
Pacific Hydro Brazil (former SES Soluções de Energias Sustentáveis)
Pacific Hydro Chile
Websitewww.pacificblue.com.au

The company builds and operates renewable energy projects, initially hydro electricity on irrigation dams, before opening its first wind farm in 2010.[3] Pacific Blue develops hydro, wind, solar and geothermal power projects. In addition to Australia, the company operates also in Brazil and Chile.

The company is also active in the carbon market in the production and trading of carbon credits from its run-of-river hydro projects registered under the Clean Development Mechanism of the Kyoto Protocol.

On 30 November 2006, Pacific Blue acquired wind farms developer SES Soluções de Energias Sustentáveis and renamed it Pacific Hydro Brazil.[4]

In 2012, Pacific Blue's retail arm began operations under the brand name Tango Energy, selling Electricity and Natural Gas to consumers in Victoria.[5]

Power stations

Power stations owned and operated by Pacific Blue include:

Wind

Water

See also

References
  1. "Our Management". pacificblue.com.au. Retrieved 6 June 2023.
  2. "China State Power Investment snaps up Pacific Hydro". smh.com.au. 16 December 2015. Retrieved 9 January 2016.
  3. "Pacific Hydro welcomes Keyneton wind farm approval". businessspectator.com.au. 9 December 2013. Retrieved 17 February 2014.
  4. "RRES renergys Group sells SES Soluções de Energias Sustentáveis". Windfair. 13 December 2006. Retrieved 3 January 2012.
  5. "Who we are | Tango Energy". www.tangoenergy.com.au. Retrieved 8 June 2023.
  6. "Victorian hydro plants". Projects: Operations. Pacific Blue. 2023. Retrieved 6 June 2023.
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