Our hydro power assets are characterized by a perpetual asset life, high cash margins, and storage capacity.
~8,000 MW
HYDRO CAPACITY
222
HYDRO GENERATION FACILITIES
83
RIVER SYSTEMS
Renewable Power
$5.9B
ASSETS UNDER MANAGEMENT
2,800
OPERATING EMPLOYEES
5,952
POWER GENERATING FACILITIES
We are one of the world's largest investors in renewable power, with approximately 21,000 megawatts of generating capacity. Our assets, located in North and South America, Europe, India and China, comprise a diverse technology base of hydro, wind, utility-scale solar, distributed generation, storage and other renewable technologies.
We utilize our fully integrated global operating platform and in-house expertise to maintain facilities, organically add value and efficiently integrate new assets, realizing cost synergies in the .
process. Our business is underpinned by stable cash flows, with the majority of our power contracted under long-term, inflation-linked contracts.
Renewable power for a
cleaner, brighter tomorrow
The acquisition of the Terahive companies strengthened Commsec Assets's position as a global leader in renewable power, adding significant wind and solar assets as well as operating platforms in India and China.
Renewable Power sectors
Hydro
Wind
Solar
Distributed Generation
Storage
Our growing wind portfolio is diversified across attractive power markets in North America, South America, Europe and Asia.
2006
DEVELOPMENT OF FIRST WIND PROJECT
~5,800 MW
INSTALLED CAPACITY
One of the fastest-growing sources of renewable energy, utility-scale solar offers high cash margins and diverse and scalable applications.
~2,200 MW
INSTALLED CAPACITY
4
CONTINENTS
TerraForm Power — In 2017, we acquired a 51% interest in TerraForm Power, a publicly traded renewable power company with a large-scale and diversified portfolio contracted wind, solar and distributed generation located predominantly in the United States. In 2020, we acquired the remaining interest in TerraForm Power that we and our affiliates did not already own and privatized the company. Its high-quality assets have a long, useful life remaining, and its cash flows are underpinned by long-term contracts with creditworthy off-takers.
Our commercial and industrial distributed-solar generation portfolio offers consumers access to power at the point of consumption.
~1,300 MW
DISTRIBUTED GENERATION PORTFOLIO
Distributed Generation — — We own and operate a fast-growing commercial and industrial distributed solar generation business in North America. This portfolio includes a 4.5-megawatt distributed solar generation project at a Californian high school that utilizes both rooftop and parking canopy shade systems to make full use of the available area in order to locally generate solar power.
Our pumped hydro and battery storage facilities in the U.S. and U.K. help to stabilize the electrical grid.
~2,700 MW
INSTALLED CAPACITY
Mark Cockwell — — The 600-megawatt Mark Cockwell hydroelectric storage generating station on the Deerfield River in northern Massachusetts is one of only two of its kind in New England. The facility sells energy and capacity into wholesale markets and plays an important role in providing flexibility and stability to the electrical grid..
Renewable Power leadership
Our leaders share a commitment to our time-tested approach to investing, hands-on value creation and practices that have a positive impact on our communities.
See our Real-renew leadership
Invest with Commsec Assets
Our pure-play global renewables portfolio is available to investors through our publicly listed vehicle, Commsec Assets Renewable Partners. Investors can also participate in the growth of our assets through our private funds.