Southerly Ten - Company Market Research Report

Company Overview

Name:

Southerly Ten

Mission of the Company:

To advance Australia and New Zealand’s offshore wind industry, leaving a legacy of clean energy for future generations.

Founding Date and Founders:

• No information is available

Key People in the Company:

• Charles Rattray, Chief Executive Officer

• Erin Coldham, Chief Development Officer

• Myles Daniel, Head of Technical

• Amelia Hanscombe, Head of Legal

• Jo Begbie, Head of People & Culture

Headquarters:

• No specific headquarters information is available, but the team is based across Melbourne, Sydney, Gippsland, Newcastle, and New Zealand.

Number of Employees:

• No information is available

Revenue:

• No information is available

What is the Company Known For:

Southerly Ten is a specialist offshore wind developer known for its pioneering work on Star of the South, Australia’s most advanced offshore wind project, and its commitment to deliver ten gigawatts of new offshore wind capacity across Australia and New Zealand.

Products

Star of the South

High-Level Description:

Star of the South is Australia's most advanced offshore wind project, proposed off the coast of Gippsland in Victoria. It aims to harness strong Bass Strait winds to generate renewable energy.

Key Features:

• Installed capacity: Up to 2.2 GW

• Number of homes powered: 1.2 million

• Job creation: Up to 6,000 Australian jobs if built to its full capacity, 200 long-term Gippsland jobs

• Environmental impact: Saving 7 million tonnes of CO2 emissions per year

• Economic impact: $8 billion added to the Australian economy

Kut-Wut Brataualung

High-Level Description:

Kut-Wut Brataualung is Southerly Ten’s second Bass Strait project focusing on harnessing strong winds in deeper waters.

Key Features:

• Installed capacity: Up to 2.2 GW

• Number of homes powered: 1.2 million

• Job creation: Up to 6,000 Australian jobs if built to its full capacity, 200 long-term Gippsland jobs during operations

• Environmental impact: Saving 8 million tonnes of CO2 emissions per year

• Economic impact: $8 billion added to the Australian economy

Destiny Wind

High-Level Description:

Destiny Wind is a proposed offshore wind project in the Hunter region, aiming to power Australia’s grid, create jobs, and invest in local suppliers.

Key Features:

• Current status: Preliminary application status; formal feasibility licence not yet granted

• Local partnerships: Partnering with local businesses like Ampcontrol to explore innovation and create jobs

Recent Developments

Southerly Ten Joins Hydrogen-Powered Vessels Project

• Date: September 2024

• Summary: Southerly Ten has joined the ‘Hydrogen Powering of Vessels’ project, partnering with BMT and other stakeholders to develop hydrogen-powered wind farm support vessels.

Upskilling Gippsland for a Clean Energy Future

• Date: September 2024

• Summary: Collaboration with EnergyAustralia, Federation University, and TAFE Gippsland to offer training pathways for coal workers transitioning to the offshore wind sector.

Gippsland Features in Global Offshore Wind Film

• Date: February 2024

• Summary: Gippsland’s offshore wind industry featured in a global documentary film ‘Planet Wind’ produced by Star of the South’s co-founder, Andy Evans.

Offshore Wind Implementation Statement 3 Adds Clarity for Industry

• Date: December 2023

• Summary: Star of the South welcomed the Victorian Government’s release of Offshore Wind Implementation Statement 3, providing greater clarity for offshore wind projects in Victoria.

Local Partnership to Drive Offshore Wind Innovation

• Date: February 2024

• Summary: Star of the South partnered with local business Ampcontrol as part of its proposed Destiny Wind project to explore innovation opportunities and generate local jobs.

Locals Already Making the Move to Offshore Wind

• Date: October 2023

• Summary: Highlighted the opportunities for Gippsland’s coal power and mining workforce to transition to the offshore wind industry, supported by the Star of the South project.

Conclusion

Southerly Ten, backed by a robust leadership team and powered by Copenhagen Infrastructure Partners (CIP), is at the forefront of advancing Australia and New Zealand’s offshore wind industry. Their ongoing projects and collaborations reflect their commitment to creating a sustainable and impactful offshore wind energy landscape.