Equis Launches GreenPoint Energy: A Market-Leading Energy Transition Platform for Australia

MELBOURNE, AUSTRALIA — 21 May 2026 — Equis,a leading infrastructure investor in Asia-Pacific, today announced the launchof GreenPoint Energy (GPE), a wholly owned subsidiary focused on thedevelopment, construction, and long-term ownershipof renewable energyand energy transition assets in Australia.

GreenPoint Energy comprisesthe entire Equis Australia business, including all staff and assets, and hasbeen successfully operating in Australia since 2021.

GreenPoint Energy’s2.5GW portfolio of 12 BESS and wind assets spansevery National EnergyMarket (NEM)-connected state and is underpinned by a diverse andstrategic pipeline of projects designed to provide grid stability and low-costrenewable energy across the NEM including:

Melbourne Renewable Energy Hub (MREH): A 600 MW / 1,600MWh BESS successfully delivered on time and on budget in partnership with the StateElectricity Commission of Victoria(SEC). MREH reached full commercial operations in November 2025 and hosts thefirst operational 4-hour BESS in the NEM.

BESS Assets Under Construction: GreenpointEnergy is currently building:‍

o  Calala BESS – a 250 MW / 500 MWh BESS in New SouthWales, which is due to reach commercial operation in 1H 2027; and

o  Koolunga BESS – a 200 MW / 800 MWh BESS inSouth Australia, which is due to reach commercial operation in 1H 2028.

Both projects have secured support underthe Federal Government’s Capacity Investment Scheme as well as private sectorofftake agreements.

Onshore Wind Platform: GreenPoint Energy will continue the delivery of two significant onshorewind assets, including the 600 MW JacksonNorth Wind Farm in Queensland’s Western Downs Region, and the 190 MW Bell Bay Wind Farm in Tasmania.Bell Bay Wind Farm is also the only wind project in Tasmania that securedsupport from the Capacity InvestmentScheme.

GreenPoint Energycontracts at least 70 per cent of revenue under long-term offtakeagreements on a 10-year rolling basis, de-riskingcashflows and delivering competitive pricing to counterparties. This approachgives GPE an advantage when negotiating bilaterally or participating inauctions. GPE has built a track record of successfully implementing this policyby signing multiple long-term agreements with investment grade corporates,utilities, and government-backed offtakers.

"The launch of GreenPoint Energy represents the natural evolution of our Australian investmentstrategy," said David Russell, ManagingDirector of Equis and Chairmanof GreenPoint Energy."Since 2021, we have built a platform that has consistently outperformed competitors whileavoiding the pitfalls constraining other marketentrants – grid connection queues, planning lead times, contractoravailability, and offtake competition. By formalising this as GreenPointEnergy, we are providing a  dedicated, highlyfocused Australian vehicleto deliver the energy infrastructure Australia needs to reachits 2030 and 2050 climate goals."

GreenPoint Energy will continue to be led by its founders, supported by the expert senior team of 59people who have overseen this portfolio since the inception of its firstproject. This team comprises specialists with deep expertise in renewableenergy development and investment, grid connection, energy market modelling,engineering and procurement, and complex infrastructure delivery, havingsuccessfully taken multipleassets in the portfolio from early-stage origination to operations on-timeand under budget.

AboutGreenPoint Energy

GreenPoint Energy(GPE), a subsidiary of Equis, is led by its founders: David Russell, Roby Camagong,and Mahesh Reddy Indluri. The GPE foundershave raised and managed AUD 6.1 billionof equity. This has been invested into over 250renewable energy and energy transition assets across 10 countries including GPEand Equis Energy (now Vena Energy).

For more information, visit: www.greenpointenergy.com.au

About Equis

Equis is headquartered in Singapore and activelypursuing infrastructure development and investment across the Asia-Pacificregion, with a primary focus on Australia, Japan, and South Korea.

Equis’ shareholders are Abu Dhabi InvestmentAuthority, Ontario Teachers' Pension Plan Board and its Senior Management.‍

MediaContact:

GreenPoint Energy Media Relations

‍media@greenpointenergy.com.au

www.greenpointenergy.com.au

Teneo

Rhea Brennan

+61 432 493 467

rhea.brennan@teneo.com

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