Aula Energy has acquired a 1GW operating solar portfolio with a development pipeline of up to 800MW of co-located BESS, marking its entry into the National Electricity Market (NEM) as an operating asset owner.

The portfolio includes five operating solar farms — West Wyalong, Wunghnu, Woolooga, Wellington and Wellington North. The deal gives Aula immediate generation scale while securing storage optionality across the same sites.

The core shift is structural: Aula moves from being primarily a wind developer to an integrated, multi-technology owner with operating cash flows across the NEM. This materially reduces development-only exposure and strengthens its balance sheet profile ahead of further build-out.

The timing is deliberate. The acquisition follows financial close of the Carmody’s Hill Wind Farm in December 2025 and ongoing construction at Boulder Creek Wind Farm. Aula is layering operating solar onto wind construction and a growing BESS pipeline, building portfolio depth rather than isolated projects.

For the market, this signals continued consolidation of operating renewables in Australia. Scale, grid presence, and storage adjacency are becoming prerequisites — not ambitions — for serious players in the transition.

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