GreenPoint Energy reaches financial close on Koolunga BESS & signs long-term offtake with Gunvor Group to power Firmus AI factory operations in South Australia
Melbourne, Australia - 30 June 2026 - GreenPoint Energy (GPE), a market-leading Australian developer and operator of renewable energy infrastructure, today announced it has reached financial close on its Koolunga Battery Energy Storage System (BESS), a 200 MW / 800 MWh BESS located in South Australia, alongside the execution of a bespoke long-term offtake agreement with global energy trading company, Gunvor Group.
The structure provides long-term revenue certainty for the Koolunga BESS while enabling the delivery of a stable, firm power product via Gunvor Group to Firmus Technologies for its planned AI infrastructure operations in South Australia. The Koolunga BESS, backed by the Australian Government's Capacity Investment Scheme, is expected to commence operations in early 2028, strengthening grid reliability while supporting Australia's clean energy transition.







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