Pacific Blue (company)
| Company type | Private |
|---|---|
| Industry | Renewable energy |
| Founded | 1992 |
| Headquarters | Melbourne , Australia |
Area served | Australia |
| Products | Electricity generation and retail, renewable energy (hydro, wind, solar, geothermal), carbon credits |
| Owner | State Power Investment Corporation (China) |
Pacific Blue—previously known as Pacific Hydro—is an electricity generation and retail enterprise based in Melbourne, Australia. Established in 1992, the company was originally listed on the Australian Securities Exchange before being taken over by a group of industry superannuation funds and subsequently acquired by China's State Power Investment Corporation.
Specializing in renewable energy development and operation, the company began with hydroelectric projects on irrigation dams and introduced its inaugural wind farm in 2010. Today, Pacific Blue oversees a broad range of assets, including hydro, wind, solar, and geothermal energy facilities.
Additionally, Pacific Blue generates and trades carbon credits derived from its run-of-river hydroelectric installations under the Clean Development Mechanism established by the Kyoto Protocol.
As one of Australia's early leaders in renewable energy, Pacific Blue was responsible for launching Victoria's first commercial wind farm. By 2023, it managed more than 660 MW of renewable energy capacity within the National Electricity Market (NEM), with a development pipeline surpassing 2 GW.
In 2012, the company expanded into energy retail through the creation of Tango Energy, providing electricity and natural gas services in Victoria. In April 2023, Tango Energy Pty Ltd was rebranded as Pacific Blue Retail Pty Ltd, marketing energy solutions under both the Pacific Blue Retail and Tango Energy labels. Its carbon-neutral offerings carry certification and are promoted through the Pacific Blue Retail brand.
Power stations
Pacific Blue holds ownership and operational responsibilities for numerous power stations spanning wind, hydro, and solar energy sectors:
Wind
- Codrington Wind Farm
- Challicum Hills Wind Farm
- Clements Gap Wind Farm
- Crowlands Wind Farm
- Portland Wind Project
- Taralga Wind Farm
Water
- Eildon Pondage Power Station
- Lake Glenmaggie power station
- Ord River Hydro Power Station
- The Drop Hydro
- William Hovell Power Station, a hydroelectric plant located in Victoria's Hume area
Solar
- Haughton Solar Farm