CVC DIF agrees the sale of 1GW+ portfolio of renewable energy projects to Potentia Energy 

The portfolio consists of 6091MW of operational wind and solar projects and 433MW of late stage wind and battery energy storage system (BESS) development projects
Under CVC DIF ownership, three projects were successfully brought into operations, and the portfolio has grown significantly through the addition of new development projects, including BESS
CVC DIF, the infrastructure strategy of leading global private markets manager CVC, is pleased to announce that DIF Infrastructure IV and DIF Infrastructure V have signed agreements to divest a combined portfolio of renewable energy projects in Australia to Potentia Energy (formerly Enel Green Power Australia).  The geographically and technologically diverse portfolio includes:Bright Energy Investments (BEI), the largest operational renewable platform in Western Australia with three operating projects and one wind farm which recently reached financial close with a total capacity of 367MW. Cbus Super, who are a co-shareholder in BEI, have sold their stake alongside CVC DIF.
A portfolio of three operational solar farms and two adjacent BESS development projects in Queensland, South Australia, and Australian Capital Territory with a total capacity of 675 MW.
Andrew Freeman, Partner and Head of Divestments at CVC DIF, said: “At CVC DIF, we are focused on uncovering opportunities that enhance financial performance and drive sustainable growth in the businesses we invest in, while at the same time delivering strong returns for our investors and supporting the energy transition.”CVC DIF were advised on the transaction by Macquarie Capital (financial) and White & Case (legal). 1All capacity figures refer to AC capacity.