Australia, Apr 18 2025 – Arcadis, the leading global Design & Consultancy organisation for natural and built assets, is proud to announce the successful completion of its role as Lender's Technical Advisor (LTA), supporting the ACEREZ partnership.
EnergyCo has appointed ACEREZ, a partnership of ACCIONA, COBRA, and Endeavour Energy with Financial Advisory by Capella Capital, to design, build, finance, operate and maintain the Central-West Orana Renewable Energy Zone (REZ) transmission project for the next 35 years.
This collaboration has led to the financial closure of the Central-West Orana REZ transmission project, Australia's first contestable transmission infrastructure delivered through a competitive tender process.
As the Lender's Technical Advisor (LTA), Arcadis offered essential insights and assurance to lenders through robust LTA services. This affirmed the technical viability and bankability of this groundbreaking infrastructure's proposed design delivery and operational model. The Arcadis team prepared a Technical Due Diligence report, which enabled the project to advance through contracting and financing milestones.
“This project sets a new benchmark for how public-private partnerships can enable transformative energy infrastructure. We are proud to have played a key role in this milestone and support the ACEREZ partnership on a project that leads the way for future Renewable Energy Zone developments in Australia,” stated Henry Olivares, National Energy Transition Lead, Arcadis.
The Central-West Orana REZ project is the first of its kind in Australia, a true pathfinder in the nation’s clean energy journey by establishing a blueprint for future REZ transmission initiatives.
The Central-West Orana REZ transmission project will unlock 4.5 gigawatts of new network capacity and connect 7.7 gigawatts of wind and solar energy, powering 2 million homes yearly. It is expected to be operational by 2028. The REZ will also create 5,000 construction jobs at its peak and support local suppliers.
The REZ is anticipated to bring $20 billion in private investment to the region by 2030. Arcadis is proud to play a key role in delivering this resilient, future-focused infrastructure that drives the transition to net zero, aligning with Arcadis’ Planet Positive Future vision.
