Pacific Energy is owned by QIC on behalf of its managed funds and clients, including the QIC Global Infrastructure Fund.
QIC is a global diversified alternatives investment firm headquartered in Brisbane, Australia offering infrastructure, real estate, private equity, liquid strategies and muti-asset investment services to institutional clients.
Remote Power Stations and LNG Facilities - Australia
This business division supplies competitively priced and highly reliable off-grid electricity and related LNG storage and regassification facilities.
We have two operating subsidiaries in this field - KPS and Contract Power Australia - both leaders in providing 24/4 fuel efficiency and reliability in challenging, remote situations. Both regarded as industry leaders, success has been achieved through a combination of practical operating experience, building to a benchmark standard (not down to a price) and staying at the forefront of technology, which now extends to hybrid power generation facilities.
In May 2020 Pacific Energy acquired Hybrid Systems Australia to create a dedicated integrated renewables business, servicing both Pacific Energy's internal business units as well as third party government and C&I customers. The business' core competency is the integration of renewables energy sources, such as solar, wind and hydrogen with battery energy storage systems (BESS), gas and diesel power stations.
Hybrid Systems provides a design, construction and installation service for BESS, stand alone power systems, microgrids and fully integrated renewable and storage solutions which reduce emissions and enhance energy reliability. The business can own or co-invest in the systems provided and services customers such as miners, remote townships, utilities, government agencies and private industry.
The Company's hydro subsidiary is an AEMO registered small generation aggregator and operates two hydro-electricity power stations located in South East Victoria, at the Cardinia Reservoir and Blue Rock Dam.
Electricity generated by Pacific Energy’s hydro power stations are purchased by electricity retailers under long term contracts.
Our NovaPower subsidiary owns and operates a 10MW gas-fired peaking power generation plant in Traralgon, Victoria.
NovaPower is a high-efficiency/low emissions gas-fired power station which generates in quick response to electricity demand in peak periods.