Articles from Pacific Green Technologies Inc.

Sydney, Aug. 05, 2025 (GLOBE NEWSWIRE) -- - Pacific Green is pleased to announce that its battery energy storage business in Australia has entered into a commitment agreement with ZEN Energy (“ZEN”) for 10-year tolling arrangements across three Battery Energy Storage System (BESS) projects located in Victoria, New South Wales, and Queensland totaling 1.5GWh of storage capacity. This milestone marks a pivotal step in Pacific Green’s transition to its next phase of growth, significantly accelerating the route to market for its Australian project portfolio of 7GWh.

Sydney, March 20, 2025 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) announces that it has reached Financial Close and completed the sale of 100% of the shares in its Limestone Coast North Energy Park to Intera Renewables (Intera) in a deal representing an enterprise value of A$460 million (US$293 million) (the “Transaction”).

Sydney, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) announces that it has signed binding documentation for the sale of 100% of the shares in its Limestone Coast North Energy Park to Intera Renewables (Intera) in a deal representing an enterprise value of A$460 million (US$293 million) (the “Transaction”).

DOVER, DE, Dec. 13, 2024 (GLOBE NEWSWIRE) --  Pacific Green Technologies, Inc. ("Pacific Green"), (OTCQB: PGTK) announces that it has amended some material accounting policies following extensive engagement with its auditors. These updates will be reflected retrospectively in the filings from December 2023. These adjustments have no impact on Pacific Green’s reported net income, cash balance or net assets.

Sydney, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Pacific Green, a global battery energy storage company, has secured a parcel of land in Wagga Wagga, New South Wales, where it proposes to establish its next Australian energy park. 

Dover, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green"), (OTCQB: PGTK) announces that Pacific Green Energy Parks Australia Pty Ltd., a wholly owned subsidiary of Pacific Green, has appointed Azure Capital to advise on the sale of the 250 MW / 500 MWh Limestone Coast Energy Park battery energy storage system (“Limestone Coast Battery Energy Park”) Pacific Green is developing near Mount Gambier, South Australia.

Melbourne, July 17, 2024 (GLOBE NEWSWIRE) -- Pacific Green, a global battery energy storage company, has achieved planning consent from the South Australian Government for its first two grid-scale battery energy parks in the Limestone Coast region of South Australia.

DOVER, DE, June 25, 2024 (GLOBE NEWSWIRE) -- - Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) plans to acquire a majority stake in two Polish battery energy storage projects from an international developer present in the Polish Market. The balance of shares in each 50MW project will be acquired upon the realisation of project milestones.

London, Dec. 21, 2023 (GLOBE NEWSWIRE) --  A battery storage project developed by Pacific Green, and owned by the Sosteneo Energy Transition Fund, a fund managed by Milan based investment manager Sosteneo Infrastructure Partners, is now connected and energised on the electricity transmission network following work by National Grid to plug the facility into its 400kV Richborough substation in Kent.

Dover, DE, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) is celebrating a year of significant progress in its mission to build a global pipeline of grid-scale Battery Energy Storage Systems (BESS).

London, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) announces that Sheaf Energy Limited, a wholly-owned subsidiary of Pacific Green, has entered into an agreement with SSE Energy Supply Limited (“SSE”) wherein SSE will provide trading and optimization services for the 249 MW / 373.5 MWh Sheaf Energy Park battery energy storage system (“Sheaf Energy Park”) that Pacific Green is developing in Kent, England (the “Agreement”).

Dover, DE, Nov. 16, 2023 (GLOBE NEWSWIRE) --  Pacific Green Battery Energy Park (Italia) Srl, a wholly-owned subsidiary of Pacific Green Technologies, Inc. (the "Company" or "Pacific Green", (OTCQB: PGTK)) announces that it has acquired 51% of the shares in five Italian projects (the “Projects”) from Sphera Energy Srl. The remaining 49% of the shares of each Project will be acquired on achievement of certain development milestones.

London, Nov. 14, 2023 (GLOBE NEWSWIRE) --  Pacific Green is happy to report that control of the first stage of the 99.8 MWh Richborough Battery Energy Park (“REP2”) has been handed over to Shell Energy Europe Limited (“Shell”) which will provide dispatch trading and optimisation services after testing is concluded.

Dover, DE, Nov. 09, 2023 (GLOBE NEWSWIRE) -- / Pacific Green Technologies, Inc. ("Pacific Green"), (OTCQB: PGTK) announces that Pacific Green Technologies (Australia) Pty Ltd., a wholly owned subsidiary of Pacific Green, has entered into an exclusivity agreement to secure a strategically located land site in Limestone Coast, South Australia to develop a 0.5 GW / 1.0 GWh battery energy park (the “Project”).

Dover, DE, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) announces that it has entered into a transaction to sell 100% of the shares in Pacific Green Battery Energy Parks 2 Limited (“PGBEP2”) to Sosteneo Fund 1 HoldCo S.à.r.l. (“Sosteneo HoldCo”) for £210 million (US$258 million) (the “Transaction”).

Dover, DE, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) announces that it has reached financial close on a £120 million (US$146 million) senior debt facility (the “Facility”) for Pacific Green’s 249 MW / 373.5 MWh Sheaf Energy Park battery energy storage system in Kent, England (“Sheaf Energy Park”).

Dover, DE, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc.  ("Pacific Green"), (OTCQB: PGTK) today announced the appointment of Dane Wilkins as Managing Director of its Pacific Green Energy Parks Europe division, a wholly owned subsidiary of Pacific Green.

Dover, DE, Oct. 06, 2023 (GLOBE NEWSWIRE) --  / Pacific Green Technologies, Inc.  ("Pacific Green"), (OTCQB: PGTK) announces that Pacific Green Technologies (Australia) Pty Ltd., a wholly-owned subsidiary of Pacific Green, has entered into an exclusivity agreement to secure strategic land sites in Portland, Victoria to develop 1.0 GW / 2.5 GWh of battery energy parks (the “Project”).

DOVER, DE / ACCESSWIRE / June 21, 2022 / Pacific Green Technologies, Inc. (the "Company" or "Pacific Green", (OTCQB:PGTK)) announces that it has reached financial close ("Financial Close") for £28.25 million (US$34.90 million) of senior debt for the Company's 99.98 MW battery energy storage system ("BESS") at Richborough Energy Park.

DOVER, DE / ACCESSWIRE / June 8, 2022 / Pacific Green Technologies, Inc. (the "Company" or "Pacific Green", (OTCQB:PGTK) announces that it has entered into an agreement with Shell Energy Europe Limited ("Shell") wherein Shell will provide dispatch trading and optimisation services for the 99.98 MW Richborough Energy Park battery energy storage system ("BESS") the Company is developing in Kent, England (the "Agreement").

DOVER, DE / ACCESSWIRE / May 31, 2022 / Pacific Green Technologies, Inc. (the "Company" or "Pacific Green", (OTCQB:PGTK)) announces that it has entered into an agreement with Instalcom Limited ("Instalcom") to be the principal contractor (the "Principal Contractor Agreement") for its 99.98 MW battery energy storage system ("BESS") in development at Richborough Energy Park in Kent, England.

DOVER, DE / ACCESSWIRE / May 25, 2022 / Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces the signing of an agreement with Shanghai Electric Gotion New Energy Technology Co., Ltd. ("Shanghai Electric Gotion") to supply the battery energy storage system ("BESS") for its 99.98 MW battery energy park the Company is developing at Richborough Energy Park in Kent, England (the "Agreement").

DOVER, DE / ACCESSWIRE / May 12, 2022 / Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces that it has entered into an agreement with Green Power Reserves Limited ("GPR"), wherein GPR has made an equity investment of £13 million (US$16.0 million) for a fifty percent shareholding in Pacific Green Battery Energy Parks 1 Limited ("PGBEP"). The proceeds from the investment will be used to provide the equity

Pacific Green Makes Key Appointment as it Enters the Commercial Marine Wind Propulsion Technology Sector DOVER, DE / ACCESSWIRE / December 16, 2021 / Pacific Green Marine Technologies Inc. a fully owned subsidiary of Pacific Green Technologies Inc. ("PGTK") (OTCQB:PGTK) has appointed wind propulsion technology expert George Thompson as a lead consultant to assist the group entering the rapidly expanding wind propulsion market in the marine

DOVER, DE / ACCESSWIRE / September 28, 2021 / Pacific Green Energy Storage (UK) Limited ("PGES(UK)"), a wholly-owned subsidiary of Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)), announces that under the terms of its framework agreement (the "Agreement") with Tupa Energy Limited ("Tupa"), it has confirmed its intent to acquire Sheaf Energy Limited ("SEL"), a Kent, England-based 249 MW battery energy storage system

DOVER, DE / ACCESSWIRE / September 21, 2021 / Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces that it has signed an offer letter from Close Leasing Limited ("CLL"), wherein CLL will provide debt financing of £23 million (US$31.6 million) for the construction of a 99.8 MW battery energy storage system ("BESS") the Company is developing in Kent, England. The BESS development, which is located at Richborough