AGL Energy Ltd. (ASX: AGL) has signed a 15-year Power Purchase Agreement (PPA) with Tilt Renewables for 100% of the expected 105 MW of generation from the Waddi Wind Farm, located in Western Australia’s Shire of Dandaragan.

Under the deal, AGL Perth Energy will offtake all electricity generated by the Waddi Wind Farm once operational, beginning in the second half of 2028. The agreement marks AGL’s first long-term wind PPA in the state, expanding its renewable portfolio and supporting its decarbonisation goals.

The Waddi Wind Farm is strategically aligned with the Western Australian Government’s Clean Energy Link North transmission expansion, part of the SWIS Transmission Plan, which aims to unlock renewable generation capacity across the state. The project is being developed by Tilt Renewables, one of Australia’s leading renewable energy developers, and will play a key role in expanding AGL Perth Energy’s offering to Western Australian businesses.

AGL Perth Energy, which has been operating in WA since 1999, currently supplies electricity and gas to SMEs and large commercial and industrial clients. According to AGL Chief Commercial Officer David Moretto, the agreement will diversify AGL’s renewable portfolio and strengthen its WA market position.

AGL General Manager Giles Redmile added that the deal represents a “milestone” for AGL Perth Energy, enabling it to offer renewable-linked products to a broader range of customers as demand for clean energy solutions continues to grow across Western Australia.

By entering into renewable PPAs such as this one, AGL helps underwrite new clean energy generation while securing long-term price stability for both itself and its customers. The agreement also demonstrates AGL’s ongoing shift toward a lower-emissions portfolio as part of its broader energy transition strategy.

By Charles Kennedy for Oilprice.com

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