May 27, 2026 – 5.50pmAGL Energy is looking to sell majority stakes in wind farms totalling 1.7 gigawatts to private capital, Street Talk can reveal.The country’s second-largest gentailer has put the 831 megawatt Pottinger wind farm and battery in South Australia, the 600 megawatt Hexham wind farm in Victoria, and the 304 megawatt Barn Hill wind farm up for sale, according to a sell-side presentation, dubbed Project Constellation, in front of prospective backers.Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Project Constellation: AGL Energy ready for round-two on renewables
At 1.7 gigawatt total capacity, the portfolio could be worth as much as $5 billion.
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