Failed and Successful projects in Australia

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Failed and Successful projects in Australia

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Question #2 Failed and Successful projects in Australia

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1. Edify Energy

Edify Energy is one of leading Australia’s renewable energy developers that has successfully finished Australia’s biggest single solar project financing. Notably, Edify Energy successfully completed a project amounting to $380. According to the top management of the company, the success of the project is propelled by the remarkable experience that was gained in the European market in addition to deploying 1 GW of solar up to the present date. The senior-level management believes that this transaction illustrates the importance of integrating industry local expertise and knowledge to effectively create, build and finance large-scale renewable projects (Wysocki, 2012). It is clear that this transaction appears to position Edify Energy as one of Australia’s successful renewable investors.

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